News Corp (NWSA) Tops Q4 EPS by 1c

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Go back to News Corp (NWSA) Tops Q4 EPS by 1c

News Corporation Reports Fourth Quarter and Full Year Results for Fiscal 2017

August 10, 2017 4:15 PM EDT

FISCAL 2017 FULL YEAR KEY FINANCIAL HIGHLIGHTS

Revenues of $8.14 billion compared to $8.29 billion in the prior year (Loss) income from continuing operations was ($643) million compared to $235 million in the prior year. The loss includes approximately $1 billion of pre-tax non-cash impairments and write-downs and a one-time pre-tax gain of $107 million as a result of the sale of REA Groups European business Total Segment EBITDA was $885 million compared to $684 million in the prior year; fiscal 2016 included the NAM Group settlement charge of $280 million and the $122 million gain from the... More