News Corp (NWSA) Tops Q2 EPS by 3c, Slight Miss on Revenues

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News Corporation Reports Second Quarter Results for Fiscal 2019

February 7, 2019 4:19 PM EST

FISCAL 2019 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS

Revenues of $2.63 billion, a 21% increase compared to $2.18 billion in the prior year, reflecting the consolidation of Foxtel and continued strength at the Book Publishing and Digital Real Estate Services segments Net income was $119 million compared to a net loss of ($66) million, which included a $174 million negative impact related to the U.S. Tax Cuts and Jobs Act in the prior year Total Segment EBITDA was $370 million compared to $328 million in the prior year Reported EPS... More