Fox Corporation (FOX) (FOXA) Tops Q3 EPS by 32c

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FOX REPORTS THIRD QUARTER FISCAL 2022 REVENUES OF $3.46 BILLION

May 10, 2022 8:00 AM EDT

NEW YORK, May 10, 2022 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended March 31, 2022.

The Company reported total quarterly revenues of $3.46 billion, a 7% increase from the $3.22 billion reported in the prior year quarter. Affiliate revenues increased 5% with 8% growth at the Television segment and 3% growth at the Cable Network Programming segment. Advertising revenues increased 9%, primarily due to stronger pricing and higher ratings at FOX News Media and continued growth at Tubi. Other revenues increased 18%, driven... More