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Fox Beats Revenue Projections for Q4 2021, But Badly Misses on Earnings

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Yahoo Finance. For the full fiscal year of 2021, Fox reported $12.91 billion revenue and an EPS of $3.61.Total quarterly revenues increased 20% to $2.89 billion with strong growth across all revenue categories.

Affiliate revenues increased 10% with 16% growth at the Television segment and 6% growth at the Cable Network Programming segment.

Advertising revenues increased 38%, reflecting 51% growth at the Television segment and 17% growth at the Cable Network Programming segment.

Other revenues increased by $56 million or 30%“Our exceptional Fiscal 2021 financial results highlight the strength of our distinct strategy and serve as afoundation for sustained operating momentum,” said Fox CEO Lachlan Murdoch.

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