News Corp Q2 revenue $2.59B (+3% YoY), net income $183M (+95%), EPS $0.27

NEWS CORP

2024-Q2 EPS reported $0.32 revenue$5,085,000,000

Revenue $2.59B (+3% YoY); net income $183M vs $94M prior year; diluted EPS $0.27 vs $0.12.
Total Segment EBITDA $473M (+16% YoY); Dow Jones achieved record quarterly revenues and EBITDA since acquisition.
REA Group record quarterly revenue $292M (+22%), driven by Australian residential; Book Publishing EBITDA +67%.
Digital subscriptions: WSJ digital-only up 11% to 3.5M; total consumer digital-only subs +15% to 4.75M.
CEO highlights AI content licensing opportunity; notes Evan Gershkovich detention in Russia.

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 December 31, 2023 results: revenue $2.59 billion, net income $183 million, EPS $0.27.

Period: the quarter ended December 31, 2023
Revenue: $2.59 billion
Net income: $183 million
EPS: $0.27
Result: reported results

Exact text from the filing

--- EX-99.1 (EX-99.1) --- NEWS CORPORATION REPORTS SECOND QUARTER RESULTS FOR FISCAL 2024 FISCAL 2024 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS • Second quarter revenues were $2.59 billion, a 3% increase compared to $2.52 billion in the prior year, driven by growth at the Digital Real Estate Services, Dow Jones and Book Publishing segments • Net income in the

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Source: SEC EDGAR

accession 0001564708-24-000067

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