Reuters Slows Revenue Fall


Reuters revealed last week that it expects its three-year drop in revenue to slow this quarter.

The company estimates that recurring revenues, which come from subscriptions to news and data services, will decline by about 1.5 percent in the current quarter, ending in March. This compares with an estimated decline in recurring revenues of around three percent in the fourth quarter of 2004, and a decline of five percent in the third quarter. It is a significant improvement in comparison to last

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