Fox Corporation (FOXA) Tops Q2 EPS by 10c
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FOX REPORTS SECOND QUARTER FISCAL 2022 REVENUES OF $4.44 BILLION
February 9, 2022 8:01 AM ESTNEW YORK, Feb. 9, 2022 /PRNewswire/ --Â Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended December 31, 2021.
The Company reported total quarterly revenues of $4.44 billion, a 9% increase from the $4.09 billion reported in the prior year quarter. Affiliate revenues increased 11% with 12% growth at the Cable Network Programming segment and 10% growth at the Television segment. Advertising revenues increased 6%, primarily due to continued pricing strength at the FOX Network, underpinned by the strength of the Company's sports portfolio, and continued growth at Tubi. Other revenues increased 20%, led by higher sports... More
