News Corp Reports Q1 2027 Revenue Growth Driven by Dow Jones and Digital Real Estate
News Corp (NWSA) reported strong first-quarter fiscal 2027 results, with total revenue rising 6% to $2.28 billion. The growth was primarily fueled by robust performance in the Dow Jones, Book Publishing, and Digital Real Estate Services segments. Total segment EBITDA saw a significant 19% year-over-year increase to $403 million, while adjusted earnings per share rose to $0.28 from $0.22 in the prior year. Despite overall growth, the company faced headwinds in its News Media segment, where EBITDA plummeted 40% due to a difficult advertising environment and shifting search algorithms. Additionally, free cash flow turned negative at $89 million, impacted by working capital timing and increased capital expenditures. The company also noted an upcoming $1.5 billion settlement related to copyright infringement involving Anthropic.
Tickers: $NWSA
Topics: digital subscriptions EBITDA revenue growth segment performance
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