News Corporation Reports First Quarter Results for Fiscal 2025
News Corporation - Class B (NWS)
US:NASDAQ Investor Relations:
investors.newscorp.com/investor-relations
Company Research
Source: Business Wire
FISCAL 2025 FIRST QUARTER KEY FINANCIAL HIGHLIGHTSFirst quarter revenues were the highest for a first quarter since separation at $2.58 billion, a 3% increase compared to $2.50 billion in the prior year, driven by growth at the Digital Real Estate Services, Book Publishing and Dow Jones segmentsNet income in the quarter was $144 million, a significant improvement compared to net income of $58 million in the prior yearTotal Segment EBITDA was the highest for a first quarter since separation at $415 million, compared to $364 million in the prior yearIn the quarter, reported EPS were $0.21 as compared to $0.05 in the prior year - Adjusted EPS were $0.21 compared to $0.16 in the prior yearREA Group posted record revenues for the quarter of $318 million, a 22% increase compared to the prior year, primarily driven by robust Australian residential performanceDow Jones’ growth continued to be underpinned by robust performance in its professional information business, where revenue increased 8
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