21st Century Fox (FOXA) Margin Upside Offset by Industry Concerns - Nomura
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21st Century Fox Reports First Quarter Income from Continuing Operations Per Share of $0.34 and First Quarter Total Segment Operating Income before Depreciation and Amortization of $1.54 Billion on To
November 4, 2015 7:32 AM ESTNEW YORK--(BUSINESS WIRE)-- Twenty-First Century Fox, Inc. (21st Century Fox or the Company -- NASDAQ: FOXA, FOX) today reported financial results for the three months ended September 30, 2015.
The Company reported total quarterly revenues of $6.08 billion, a decrease of $406 million, or 6%, from the $6.48 billion of adjusted revenues (1) reported in the prior year. This decline in adjusted revenues was primarily the result of a 7% revenue increase at the Cable Network Programming segment due to higher affiliate and advertising revenues being more than offset by lower revenues generated at the Filmed Entertainment segment due to lower theatrical revenues and the absence of... More
