secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEWS CORP (NWSA)
CIK:        0001564708
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001564708-22-000396
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

News Corp Q1 net income down 75% to $66M; Dow Jones shines with 19% EBITDA growth
--------------------------------------------------------------------------------

- Revenue $2.48B (-1% YoY); adjusted rev +3%. Net income $66M ($0.07 EPS) vs $267M ($0.33 EPS).
- Total Segment EBITDA $350M (-15% YoY); adjusted EPS $0.12 vs $0.23.
- Dow Jones segment revenue +16% to $515M, Segment EBITDA +19% to $113M; WSJ digital subs +13%.
- Book Publishing revenue -11% to $487M due to Amazon inventory reset; Segment EBITDA -54% to $39M.
- Free cash flow -$135M vs -$33M; net cash used in operations -$31M vs +$68M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564708/000156470822000396/0001564708-22-000396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564708/000156470822000396/nws-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001564708-22-000396

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