Axsome: Q3 Earnings Snapshot – WTOP News
- On Monday, Fox Corporation reported fiscal first-quarter revenue of $4.57 billion, a 22% year-over-year increase driven by the FIFA World Cup, political advertising, and Tubi streaming growth.
- Advertising revenue surged 47% company-wide, bolstered by midterm election spending exceeding $350 million and World Cup broadcasts, offsetting a "difficult" ratings comparison at Fox News.
- The Television segment, which includes Tubi, generated $2.71 billion in revenue, a 32% increase, while Tubi revenue grew 35% and total view time increased by 23%.
- Net income reached $943 million, or $2.20 per share, prompting shares to pop more than 5%, as Fox CEO Lachlan Murdoch praised the company's "focused strategy" and brand strength.
- Fox continues working to close its pending $22 billion acquisition of Roku, which recently secured shareholder approval and currently awaits final regulatory clearance from the Department of Justice.
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Reformatorisch Dagblad
Philips says it has reached an agreement in principle with the U.S. Department of Justice in the investigation into the sleep apnea affair. The medical technology group is expected to pay 288 million euros to bring an end to a criminal and civil investigation into the major recall of sleep apnea devices, Philips reports alongside its quarterly results.
Philips tops profit estimates, reaches agreement in principle with DOJ ...
Fox Posts Record Fiscal Q1 Revenue and EBITDA as Tubi Leads Digital Ad Growth
Fox Corporation just posted first-quarter records for revenue and Adjusted EBITDA to open fiscal 2027, and the entertainment and streaming side of that story sits inside the advertising surge. In its earnings release for the quarter ended Sept. 30, 2026, the company reported $4.57 billion in total revenue, up 22% from the prior-year quarter, with […]
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