Fox Corp. on Wednesday reported a rise in quarterly revenue, as the owner of Fox News Channel and Fox Entertainment recorded higher advertising revenue due to the broadcast of Super Bowl LIV.
Fox — which, after Rupert Murdoch agreed to sell most of 21st Century Fox to Walt Disney for $71 billion, became a stand-alone company mostly focused on news and sports — reported net income of $90 million for the latest quarter, or 13 cents per share, compared with $539 million in the year-ago period, or $5.29 a share.
Quarterly revenue rose to $3.44 billion, up 25 percent from a year-earlier $2.75 billion. Wall Street analysts forecast per-share earnings of 72 cents, with overall revenues to hit $3.36 billion.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.