Fox Corp. reported fourth-quarter FY22 revenue growth of 5 percent year-on-year to $3.03 billion, missing the consensus of $3.05 billion. Affiliate revenues increased 4 percent Y/Y to $1.73 billion with 2 percent growth in the Cable Network Programming segment and 7 percent growth in the Television segment. Advertising revenues increased 7 percent Y/Y to $1.06 billion, primarily…
Fox Q2 Performance Falls Marginally Short of Street Expectations, Authorizes $4 Billion Buyback
Why Are Fox Shares Trading Higher Today?
Fox Corp reported second-quarter FY22 revenue growth of 9 percent year-on-year to $4.44 billion, beating the consensus of $4.26 billion. Affiliate revenues increased 11 percent Y/Y to $1.69 billion with 12 percent growth at the Cable Network Programming segment and 10 percent growth at the Television segment. Advertising revenues increased 6 percent Y/Y to $2.41 billion, primarily…
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