News Corporation Class A ( (NWSA) ) has released its Q2 earnings. Here is a breakdown of the information News Corporation Class A presented to its investors.
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News Corporation, a prominent global media and information services company, operates in sectors such as news, digital real estate, and book publishing. In its latest earnings report for the second quarter of fiscal 2025, News Corp reported a revenue increase of 5% to $2.24 billion, largely driven by its digital real estate services, book publishing, and Dow Jones segments. The company also achieved a significant 58% increase in net income from continuing operations, amounting to $306 million.
Key financial highlights for the quarter included a 20% rise in Total Segment EBITDA to $478 million and an improvement in earnings per share from continuing operations to $0.40. Notably, the REA Group and Dow Jones segments posted record revenues, with the latter benefiting from a 9% increase in digital-only subscriptions. Additionally, News Corp announced the sale of its Foxtel Group to DAZN, which is expected to streamline operations and enhance shareholder value.
The Digital Real Estate Services saw a 13% revenue increase, driven by a strong performance at REA Group, while the Book Publishing segment grew by 8% due to robust physical and digital sales. The News Media segment experienced a slight decline in revenues, which was offset by cost-saving measures, resulting in a 30% increase in Segment EBITDA.
Looking ahead, News Corp remains focused on expanding its core growth areas while simplifying its business structure through strategic divestments. The company continues to enhance its digital offerings, positioning itself for future growth and adapting to the evolving media landscape.
