News Corp (NWS) Tops Q4 EPS by 28c

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News Corporation Reports Fourth Quarter and Full Year Results for Fiscal 2022

August 8, 2022 4:15 PM EDT

FISCAL 2022 FULL YEAR AND FOURTH QUARTER KEY FINANCIAL HIGHLIGHTS

Fiscal 2022 full year revenues and net income were records at $10.39 billion and $760 million, respectively. Revenues grew 11% compared to $9.36 billion in the prior year and net income increased 95% compared to $389 million in the prior year Full year Total Segment EBITDA was $1.67 billion, also a record and a 31% increase compared to $1.27 billion in the prior year. Reported EPS were $1.05 for the full year compared to $0.56 in the prior year Adjusted EPS were $1.20 compared to $0.67 in the prior year Fourth quarter revenues were $2.67... More