Fox reports Q4 FY2023 revenue $3.03B, net income $369M, adjusted EBITDA $735M; full year record revenue $14.91B

Fox Corp

2023-FY EPS reported $2.33 revenue$14,913,000,000

Q4 revenues $3.03B flat YoY; affiliate fees +3%, advertising -4% due to lower political ads, Tubi growth offset.
Q4 net income $369M vs $308M YoY; diluted EPS $0.74 vs $0.55; adjusted EPS $0.88 vs $0.74.
Full year FY2023 revenues $14.91B (record), net income $1.25B, adjusted EBITDA $3.19B (record).
Adjusted EBITDA Q4 $735M vs $770M YoY; higher digital investment at Tubi and higher sports costs.
Lachlan Murdoch cites record annual revenue and EBITDA, Super Bowl, World Cup, political cycle, Tubi growth.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Fox Corp reported the quarter and fiscal year ended June 30, 2023 results: revenue $3.03 billion, net income $369 million, EPS $0.74 per share.

Period: the quarter and fiscal year ended June 30, 2023
Revenue: $3.03 billion
Net income: $369 million
EPS: $0.74 per share
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER AND FISCAL YEAR ENDED JUNE 30, 2023 FOX REPORTS FOURTH QUARTER FISCAL 2023 REVENUES OF $3.03 BILLION NET INCOME OF $369 MILLION, AND ADJUSTED EBITDA OF $735 MILLION FOX REPORTS FULL YEAR FISCAL 2023 REVENUES OF $14.91 BILLION NET INCOME OF $1.25 BILLION, AND ADJUSTED EBITDA OF

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accession 0001193125-23-205604

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