News Corp (NWSA) Tops Q3 EPS by 4c

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News Corporation Reports Third Quarter Results for Fiscal 2023

May 11, 2023 4:15 PM EDT

FISCAL 2023 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS

Revenues in the quarter were $2.45 billion, a 2% decrease compared to $2.49 billion in the prior year, reflecting a $98 million, or 4%, negative impact from foreign currency fluctuations. Adjusted Revenues were flat Net income in the quarter was $59 million compared to $104 million in the prior year Total Segment EBITDA in the quarter was $320 million compared to $358 million in the prior year In the quarter, reported EPS were $0.09 compared to $0.14 in the prior year Adjusted EPS were $0.09 compared to $0.16 in the prior... More