Fox Q2 fiscal 2023 revenue $4.61B (+4% YoY); net income $321M; declares $0.25 dividend; $3B buyback

Fox Corp

2023-Q2 EPS reported $1.68 revenue$7,797,000,000

Revenue $4.61B (+4% YoY) driven by World Cup, NFL, political ads, and Tubi growth.
Net income $321M vs net loss $73M prior year; adjusted EPS $0.48 vs $0.13.
Adjusted EBITDA $531M (+71% YoY) due to revenue growth and absence of Thursday Night Football costs.
Declares $0.25 per share semi-annual dividend (unchanged).
Board authorizes incremental $3B share repurchase including $1B accelerated share repurchase transaction.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Fox Corp reported the three months ended December 31, 2022 results: revenue $4.61 billion, net income $321 million, EPS $0.58 per share.

Period: the three months ended December 31, 2022
Revenue: $4.61 billion
Net income: $321 million
EPS: $0.58 per share
Result: reported results

Exact text from the filing

Fox Corporation (Nasdaq: FOXA, FOX) (“FOX” or the “Company”) today reported financial results for the three months ended December 31, 2022. The Company reported total quarterly revenues of $4.61 billion

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Source: SEC EDGAR

accession 0001193125-23-027696

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