Flickr/Zac Attack
The net income attributable to shareholders fell to $1.45 billion, or 33 cents per share, in the third quarter ended Oct. 2 from $2.11 billion, or 48 cents per share, a year earlier.
Adjusted earnings per share came in at $0.51, topping expectations for $0.50, according to estimates from Yaho Finance.
Net operating revenue fell to $11.43 billion from $11.98 billion. Expectations was for revenue to total $11.54 billion.
(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Kirti Pandey)