News Corp (NWSA) Tops Q4 EPS by 2c

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News Corporation Reports Fourth Quarter and Full Year Results for Fiscal 2024

August 8, 2024 4:15 PM EDT

FISCAL 2024 FOURTH QUARTER AND FULL YEAR KEY FINANCIAL HIGHLIGHTS

Fourth quarter revenues were $2.58 billion, a 6% increase compared to $2.43 billion in the prior year, driven by growth at the Digital Real Estate Services, Book Publishing and Dow Jones segments Net income in the quarter was $71 million, a significant improvement compared to a net loss of $(32) million in the prior year Total Segment EBITDA was the highest for a fourth quarter since separation at $380 million, compared to $341 million in the prior year In the quarter, reported EPS were... More