Thomson Loses Millions but Beats Expectations
ORGANIZATION AND STRATEGY
TORONTO--Thomson Corp. reported weaker fourth-quarter earnings on Wednesday, but its stock gained more than 3 percent when numbers beat analysts’ expectations. For the full year, Thomson Corp. reported earnings of $749 million, or $1.19 a share, down from $1.22 billion, or $1.96, in 2000.
Thomson Financial’s revenues increased 32 percent year-over-year to $1.6 billion, while EBITDA grew 23 percent to $405 million. Revenue growth reflected the inclusion of the full-year results of the Primark and
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