Belo quarterly profit, revenue fall

(Reuters) - Second-quarter net income fell to $36.4 million, or 35 cents a share, from $42.7 million, or 41 cents a share in the quarter a year ago, when it also logged a $7.5 million pre-tax gain from a "change-in-control" provision in one of Belo's vendor contracts. Revenue fell 3.2 percent to $391 million.



Belo publishes several newspapers, including the Dallas Morning News in Texas and the Providence Journal in Rhode Island.


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