FOX REPORTS SECOND QUARTER FISCAL 2026 REVENUES OF $5.18 BILLION, NET INCOME OF $247 MILLION, AND ADJUSTED EBITDA OF $692 MILLION [Yahoo! Finance]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: Yahoo! Finance
The Company reported total quarterly revenues of $5.18 billion, an increase of $104 million or 2% from the amount reported in the prior year quarter. Distribution revenues increased 4%, primarily driven by 5% growth at the Cable Network Programming segment. Advertising revenues increased 1%, primarily due to higher sports and news pricing, continued digital growth led by the Tubi AVOD service, and the impact of additional MLB postseason games, partially offset by lower political advertising revenues and lower ratings. Content and other revenues were essentially unchanged from the prior year quarter. The Company reported quarterly net income of $247 million as compared to the $388 million reported in the prior year quarter. Net income attributable to Fox Corporation stockholders was $229 million ($0.52 per share) as compared to the $373 million ($0.81 per share) reported in the prior year quarter. Adjusted net income attributable to Fox Corporation stockholders was $360 million ($0.
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- FOX REPORTS SECOND QUARTER FISCAL 2026 REVENUES OF $5.18 BILLION, NET INCOME OF $247 MILLION, AND ADJUSTED EBITDA OF $692 MILLIONPR Newswire