secwatch.observer — SEC 8-K summary
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Issuer:     Fox Corp (FOXA)
CIK:        0001754301
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001628280-23-036203
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Corp Q1 FY2024 revenue $3.21B; net income $415M vs $613M YoY
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- Revenues $3.21B (+1% YoY); affiliate fees up 2%, advertising down 2%.
- Net income $415M (diluted EPS $0.82) vs $613M ($1.10) YoY; adjusted EPS $1.09 vs $1.21.
- Adjusted EBITDA $869M vs $1.09B YoY; expenses rose on sports rights and digital investments.
- Television affiliate fees +8%; Tubi continued impressive growth in viewing.
- CEO Lachlan Murdoch cited solid start with active news cycle and robust sports schedule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754301/000162828023036203/0001628280-23-036203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754301/000162828023036203/fox-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-036203

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