News Corp (NWSA) Misses Q1 EPS by 3c

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Go back to News Corp (NWSA) Misses Q1 EPS by 3c

News Corporation Reports First Quarter Results for Fiscal 2023

November 8, 2022 4:15 PM EST

FISCAL 2023 FIRST QUARTER KEY FINANCIAL HIGHLIGHTS

Revenues in the quarter were $2.48 billion, a 1% decrease compared to $2.50 billion in the prior year, driven by a $153 million, or 6%, negative impact from foreign currency fluctuations and lower Book Publishing segment revenues. Adjusted Revenues increased 3% Net income in the quarter was $66 million compared to $267 million in the prior year Total Segment EBITDA in the quarter was $350 million compared to $410 million in the prior year In the quarter, reported EPS were $0.07 compared to $0.33 in the prior year Adjusted EPS were $0.12 compared to... More