Fox Corporation (FOXA) Reports In-Line Q2 EPS, Approves $3B ASR

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Go back to Fox Corporation (FOXA) Reports In-Line Q2 EPS, Approves $3B ASR

FOX REPORTS SECOND QUARTER FISCAL 2023 REVENUES OF $4.61 BILLION

February 8, 2023 8:00 AM EST

DECLARES $0.25 SEMI-ANNUAL DIVIDEND AND ANNOUNCES INCREMENTAL $3 BILLION STOCK REPURCHASE AUTHORIZATION INCLUDING $1 BILLION ACCELERATED SHARE REPURCHASE TRANSACTION

NEW YORK, Feb. 8, 2023 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended December 31, 2022.

The Company reported total quarterly revenues of $4.61 billion, a 4% increase from the $4.44 billion reported in the prior year quarter. Affiliate fee revenues increased 1% led by 6% growth at the Television segment. Advertising revenues increased 4%, primarily reflecting the impact of the... More