Meredith 4Q beats views but outlook disappoints

Published



DES MOINES, Iowa (AP) — Women’s magazine publisher Meredith Corp. said Thursday that its fourth-quarter net income came in nearly the same as a year ago as costs rose in line with revenues.

The publisher of Better Homes and Gardens and Fitness magazines said its net income in the three months to June 30 came to $30.0 million, or 67 cents per share, compared with $30.3 million, or 67 cents per share, a year ago.

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