Overview
- The company reported $3.29 billion in revenue and $1.57 earnings per share for fiscal Q4, surpassing analyst expectations of $3.11 billion and $1.01
- Advertising revenue climbed 7 percent to $1.08 billion driven by growth at Tubi, stronger Fox News ratings and higher ad pricing
- Net income jumped 125 percent year-over-year to $719 million and full-year revenue reached $16.3 billion, up 17 percent on the back of the 2024 election cycle and Super Bowl LIX
- Fox increased its share repurchase authorization by $5 billion and raised its semi-annual dividend to $0.28 per share
- Fox Corp. plans to launch Fox One, its subscription streaming service, in the coming weeks to expand its digital offerings