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Mar 31, 2022
Fox Q3 2022 Earnings Report
Fox's financial results for Q3 2022 were reported, demonstrating revenue growth and strategic focus
Key Takeaways
Fox Corporation reported a 7% increase in revenue to $3.46 billion for the third quarter of fiscal year 2022. The growth was driven by increases in affiliate and advertising revenues. Net income was $290 million, while adjusted EBITDA was $811 million.
Total quarterly revenues reached $3.46 billion, a 7% increase year-over-year.
Affiliate revenues increased by 5%, with growth in both Television and Cable Network Programming segments.
Advertising revenues rose by 9%, driven by stronger pricing and higher ratings at FOX News Media and growth at Tubi.
Net income attributable to Fox Corporation stockholders was $283 million, or $0.50 per share.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements based on management’s current expectations and beliefs and are subject to uncertainty and changes in circumstances.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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