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Axsome: Q3 Earnings Snapshot – WTOP News
Axsome said AUVELITY sales drove 52% revenue growth as the antidepressant gained traction in depression and Alzheimer’s disease agitation.
On Monday, Nov. 2, 2026, Fox Corporation reported record fiscal first-quarter 2027 revenue of $4.6 billion, a 22% year-over-year increase that outperformed Wall Street expectations.
Record political advertising spending of $350 million and the FIFA Men's World Cup broadcast drove a 47% surge in advertising revenue, significantly bolstering the company's financial performance.
Television segment revenue and EBITDA rose notably, while free streaming service Tubi reported continued growth, helping the company achieve a record quarterly Adjusted EBITDA of $1.6 billion.
CEO Lachlan Murdoch acknowledged Fox News experienced ratings declines compared to the prior year, attributing the shift to "some viewer fatigue" following a heavy news cycle.
With shareholder approval secured, the corporation is currently seeking Hart-Scott-Rodino clearance from the Department of Justice for its $22 billion Roku acquisition.