Fox Corporation Reports Strong Q1 Results with EPS and Revenue Beats
Fox Corporation (FOXA) reported first-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share of $2.54, surpassing estimates by $0.41, while revenue reached $4.57 billion, representing a 22.2% increase year-over-year and beating projections by $280 million. Profitability metrics showed significant growth, with quarterly Adjusted EBITDA2 rising to $1.64 billion. This marks a substantial 54% increase compared to the same quarter in the previous year. The strong performance highlights robust operational efficiency and revenue growth across its segments.
Tickers: $FOX $FOXA $NWSA $ROKU
Topics: earnings beat EBITDA increase revenue growth
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