Thomson Reuters reports higher second-quarter revenue

The Toronto-based content and technology company said it had raised its full-year organic revenue forecast to around 8%, from a previous range of 7.5% to 8%.

Thomson Reuters reported a 9% rise in second-quarter revenue on Wednesday, boosted by its big three legal, corporates and tax and accounting businesses.

Thomson Reuters said its second-quarter revenue rose to $1.95 billion, edging past estimates of about $1.9 billion. It said earnings per share excluding items rose to 99 cents per share. Wall Street had forecast earnings per share of 96 cents.