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Higher revenue would substitute for the defense cuts.
Higher revenue from its financial services unit contributed significantly to full-year profits.
But Wall Street expected higher revenue of $20.74 billion.
It was the company's ninth consecutive quarter of higher revenue growth.
Scholastic achieved higher revenue from sales of books with lower profit margins, a spokesman said.
This is being driven by a mixture of higher revenue and higher margin assumptions.
And there have been reports of higher revenue for some large national radio networks.
There have alsobeen reports of higher revenue for some large national radio networks.
In short, realistic proposals for solving our budget problems must include higher revenue.
Weak commercial airplane revenue was partly offset by higher revenue from its military and space units.
The higher revenue figures, he said, "evidence the city's continued fiscal strength".
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