secwatch.observer — SEC 8-K summary
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Issuer:     Fox Corp (FOXA)
CIK:        0001754301
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001193125-23-138936
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754301/000119312523138936/0001193125-23-138936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754301/000119312523138936/d370789d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-138936

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer