News Corporation Class B ( (NWS) ) has released its Q3 earnings. Here is a breakdown of the information News Corporation Class B presented to its investors.
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News Corporation, a global media and information services company, operates across various sectors including news, digital real estate, and book publishing. The company has a significant presence in the United States, Australia, and the United Kingdom.
In its third quarter of fiscal 2025, News Corporation reported a slight increase in revenues to $2.01 billion, up 1% from the previous year. The company saw a substantial 67% rise in net income from continuing operations, reaching $107 million, and a 12% increase in Total Segment EBITDA to $290 million.
Key performance highlights include Dow Jones achieving $575 million in revenues, driven by growth in digital circulation and professional information services. The REA Group also posted a 6% increase in revenues, and the Book Publishing segment benefited from strong audiobook sales. The sale of the Foxtel Group to DAZN was completed, enhancing News Corp’s balance sheet.
Despite challenges such as currency fluctuations and macroeconomic uncertainties, News Corporation has demonstrated resilience through strategic asset realignment and a focus on digital growth. The company continues to invest in its core segments, with Dow Jones and Digital Real Estate Services showing robust performance.
Looking ahead, News Corporation remains committed to maximizing shareholder returns and enhancing its strategic position in the media landscape, as it navigates a rapidly evolving digital environment.
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