Fox Corp Q3 revenue $4.08B (+18% YoY), net loss $54M on legal settlement costs

Fox Corp

2023-Q3 EPS reported $1.60 revenue$11,881,000,000

Revenue rose 18% to $4.08B; advertising up 43% on Super Bowl LVII and NFL volume.
Net loss attributable to Fox Corp stockholders was $54M (($0.10)/share) vs prior-year net income of $283M ($0.50/share).
Adjusted net income attributable to Fox Corp stockholders was $494M ($0.94/share), up from $459M ($0.81/share).
Adjusted EBITDA increased $22M to $833M, driven by revenue gains partly offset by higher NFL and Tubi costs.
Results include charges for legal settlement costs at FOX News Media.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Fox Corp reported the quarter ended March 31, 2023 results: revenue $4.08 billion, net income net loss of $50 million, EPS $(0.10) per share.

Period: the quarter ended March 31, 2023
Revenue: $4.08 billion
Net income: net loss of $50 million
EPS: $(0.10) per share
Result: reported results

Exact text from the filing

in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER ENDED MARCH 31, 2023 FOX REPORTS THIRD QUARTER FISCAL 2023 REVENUES OF $4.08 BILLION NEW YORK, NY, May 9, 2023 – Fox Corporation (Nasdaq: FOXA, FOX) (“FOX” or the “Company”) today reported financial results for the three months ended March 31, 2023. The Company

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Source: SEC EDGAR

accession 0001193125-23-138936

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