Washington Post Co. reports jump in 3Q profit

NEW YORK — The Washington Post Co. is reporting a 69 percent jump in third-quarter profit as revenue from its cable TV and education divisions continue to bolster results and its namesake newspaper trimmed its losses.

The company, which owns Newsweek magazine, Kaplan education services and television properties along with The Washington Post newspaper, says overall revenue edged up 2 percent.

But revenue continues to decline at its newspapers, magazines and broadcast stations.

The company says it earned $17.1 million, or $1.81 per share. That compares with a year-earlier profit of $10.1 million, or $1.08 per share, a year ago.

It says its revenue rose to $1.15 billion from $1.13 billion a year ago.