News Corp Q1 revenue up 1% to $2.50B, adjusted EPS $0.16 vs $0.12; Book Publishing EBITDA jumps 67%

NEWS CORP

2024-Q1 EPS reported $0.05 revenue$2,499,000,000

Revenue $2.50B (+1% YoY); net income $58M vs $66M; GAAP EPS $0.05, adjusted EPS $0.16.
Total Segment EBITDA $364M (+4% YoY); Dow Jones EBITDA +10%, Book Publishing EBITDA +67%.
Digital Real Estate Services revenue down 4% to $403M; Move revenue -16% on lower real estate activity.
Free cash flow negative $179M vs negative $135M prior; capital expenditures $124M.
CEO cites AI content licensing discussions and structural review; Dow Jones professional info revenue up 14%.

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 0.9

NEWS CORP reported the quarter ended September 30, 2023 results: revenue $2.50 billion, net income $58 million, EPS $0.05.

Period: the quarter ended September 30, 2023
Revenue: $2.50 billion
Net income: $58 million
EPS: $0.05
Result: reported results

Exact text from the filing

--- EX-99.1 (EX-99.1) --- NEWS CORPORATION REPORTS FIRST QUARTER RESULTS FOR FISCAL 2024 FISCAL 2024 FIRST QUARTER KEY FINANCIAL HIGHLIGHTS • First quarter revenues were $2.50 billion, a 1% increase compared to $2.48 billion in the prior year, driven by growth at the Book Publishing and Dow Jones segments • Net income in the quarter was $58 million, compared

View on SEC.gov

Browse all earnings releases →

NEWS CORP filing history →

Source: SEC EDGAR

accession 0001564708-23-000546

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.