Fox gains after broadcasting drives Q1 beat [Seeking Alpha]
GLU MOBILE (GLUU)
Last glu mobile earnings: 2/5 04:02 pm
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Source: Seeking Alpha
Seeking Alpha News | On the Move Fox gains after broadcasting drives Q1 beat Nov. 6, 2019 6:44 PM ET Fox Corporation (FOX) Jason Aycock Fox is higher after hours ( +3.5% FOXA +3.4% fiscal Q1 report Revenues rose 5% to $2.67B, with affiliate revenues up 4% partly offset by a 2% drop in ad revenues. Net income fell to $513M from $615M mainly due to a higher unrealized gain in the prior year due to valuation in its investment in Roku. EBITDA rose 12% to $856M. Revenues by segment: Cable Network Programming, $1.285B (up 1.6%); Television, $1.356B (up 6.2%). EBITDA by segment: Cable Network Programming, $684M (up 8.1%); Television, $251M (up 46.8%). Revenues by component: Affiliate fee, $1.394B (up 4.3%); Advertising, $1.04B (down 2.1%). Press release See all stocks on the move » Now read: Glu Mobile -14% after Q3 miss » Try PREMIUM
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