News Corp Earnings Reports

News Corp reported a 5% increase in revenue to $2.24 billion, driven by growth in Digital Real Estate Services, Book Publishing, and Dow Jones. Net income from continuing operations surged 58% to $306 million, and Total Segment EBITDA rose 20% to $478 million. The company also announced an agreement to sell Foxtel to DAZN for A$3.4 billion.

News Corp reported a strong start to fiscal year 2025, with record first-quarter revenue of $2.58 billion, a 3% increase year-over-year. Net income jumped 148% to $144 million, and total segment EBITDA surged 14% to $415 million. EPS were $0.21 compared to $0.05 in the same quarter last year.

News Corp reported a 6% increase in fourth-quarter revenues to $2.58 billion, driven by strong performance in Digital Real Estate Services, Book Publishing, and Dow Jones segments. Net income improved to $71 million from a net loss of $(32) million in the prior year. Total Segment EBITDA reached $380 million, the highest for a fourth quarter since separation, with adjusted EPS at $0.17 compared to $0.14 in the prior year.

News Corp reported a slight increase in profitability for Q3 2024, with revenues of $2.42 billion, a 1% decrease compared to the prior year. Net income was $42 million, down from $59 million in the prior year. Total Segment EBITDA was $322 million, a 1% increase. Adjusted EPS were $0.11 compared to $0.09 in the prior year. Dow Jones saw growth in its professional information business, while REA Group posted strong results driven by Australian residential performance.

News Corp reported a 3% increase in revenue to $2.59 billion, driven by growth in Digital Real Estate Services, Dow Jones, and Book Publishing. Net income rose to $183 million, with EPS at $0.27 and adjusted EPS at $0.26. Total Segment EBITDA increased by 16% to $473 million.

News Corp reported a 1% increase in revenue to $2.50 billion, driven by growth in Book Publishing and Dow Jones. Net income was $58 million, and adjusted EPS was $0.16. The company highlighted the prowess of Dow Jones and a 67 percent increase in profitability in Book Publishing.

News Corp reported Q4 2023 revenues of $2.43 billion, a 9% decrease compared to the prior year. The net loss for the quarter was $(32) million, compared to a net income of $127 million in the prior year. Total Segment EBITDA was $341 million, an 8% increase compared to the prior year.

News Corp reported a 2% decrease in revenues to $2.45 billion, impacted by foreign currency fluctuations and lower revenues in the Digital Real Estate Services segment. Net income decreased by 43% to $59 million, and adjusted EPS were $0.09 compared to $0.16 in the prior year. The company is implementing cost-cutting measures, expecting to achieve at least $160 million in annualized savings.

News Corp reported a decrease in revenue by 7% to $2.52 billion, primarily due to foreign currency fluctuations and lower revenues in Book Publishing and Digital Real Estate Services. Net income decreased to $94 million, and adjusted EPS were $0.14. Dow Jones' professional information business grew 45%.

News Corp reported Q1 2023 revenues of $2.48 billion, a 1% decrease compared to the prior year, but adjusted revenues increased by 3%. Net income was $66 million, a 75% decrease, and total segment EBITDA was $350 million, a 15% decrease. Dow Jones segment revenues and EBITDA grew by 16% and 19%, respectively.

News Corp reported a 7% increase in revenue to $2.67 billion and a net income of $127 million for Q4 2022, a substantial improvement from a net loss of $(15) million in the prior year. The growth was driven by strength in all revenue lines, including the impact of recent acquisitions and an additional week in the quarter.

News Corp reported a strong third quarter for fiscal year 2022, with record revenues of $2.49 billion, a 7% increase year-over-year. Net income rose by 8% to $104 million, and Adjusted EPS were $0.16 compared to $0.09 in the prior year. The company's growth was fueled by digital advertising, digital subscriptions, and strategic acquisitions.

News Corp reported strong second-quarter results for fiscal year 2022, with revenues reaching $2.72 billion, a 13% increase compared to the prior year and the highest quarterly revenue since separation. Net income was $262 million, flat compared to $261 million in the prior year. Total Segment EBITDA was $586 million, an 18% increase compared to $497 million in the prior year. Adjusted EPS were $0.44 compared to $0.34 in the prior year.

News Corp reported a strong first quarter for fiscal year 2022, with revenues up 18% to $2.50 billion and net income significantly increased to $267 million. The company saw robust growth across its Digital Real Estate Services, Dow Jones, Book Publishing, and News Media segments, driven by digital expansion, acquisitions, and advertising market recovery. A $1 billion stock repurchase program was also announced.