Fox News Reports Its Highest First Quarter Ad Revenue In History
Fox Corp. reported a 5% revenue increase to $3.74 billion, driven by strong NFL viewership and streaming growth, and announced a $1.5 billion share repurchase program.
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6 Articles
Fox Corp hits advertising revenue record in first quarter
Shares of Fox Corporation hit an all-time high intraday Thursday after the media giant posted a record first quarter for advertising revenue.The parent company of Fox News and FOX Business reported its quarterly revenues were $3.74 billion in the first quarter of the company's fiscal year 2026, which ended on Sept. 30. That represented an increase of $174 million or 5% from the same period in the prior year."Advertising revenue grew 6% during th…
Why Is Fox Stock Soaring Thursday? - Fox (NASDAQ:FOXA), Fox (NASDAQ:FOX)
Fox Corp. (NASDAQ:FOX) (NASDAQ:FOXA) shares rose after the media company posted stronger-than-expected fiscal first-quarter 2026 results on Thursday, fueled by gains in advertising and streaming. Revenue rose 5% year over year to $3.74 billion, up from $3.56 billion in the same period last year, topping Wall Street's consensus estimate of $3.57 billion. Adjusted net income increased to $686 million, or $1.51 per share, surpassing analysts' expec…
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