Press release
News Corporation Reports Third Quarter Results for Fiscal 2025
FISCAL 2025 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS Third quarter revenues were $2.01 billion, a 1% increase compared to $1.99 billion in the prior year,
About this update from News Corporation
[{"type":"text","content":"\nFISCAL 2025 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS\n\n\nThird quarter revenues were $2.01 billion, a 1% increase compared to $1.99 billion in the prior year, driven by the growth of Dow Jones, Digital Real Estate Services and Book Publishing\n\n\nNet income from continuing operations in the quarter was $107 million, a 67% increase compared to $64 million in the prior year\n\n\nThird quarter Total Segment EBITDA was $290 million, a 12% increase compared to $259 million in the prior year\n\n\nIn the quarter, reported EPS from continuing operations were $0.14 as compared to $0.07 in the prior year - Adjusted EPS were $0.17 compared to $0.13 in the prior year\n\n\nDow Jones achieved revenues for the quarter of $575 million, underpinned by improved circulation revenues and higher professional information business revenues driven by growth of 11% at Risk & Compliance and 10% at Dow Jones Energy\n\n\nDuring the quarter, Dow Jones’ consumer products surpassed 6 million total average subscriptions and showed improved sequential net additions\n\n\nREA Group posted revenues for the quarter of $271 million, a 6% increase compared to the prior year, driven by continued strong Australian residential performance\n\n\nBook Publishing continued to benefit from strong backlist and higher downloadable audiobook sales\n\n\nAnnounced the completion of the sale of Foxtel Group to DAZN in April, which included the repayment of outstanding shareholder loans and receipt of a minority equity stake in DAZN of approximately 6%\n\n\n NEW YORK--(BUSINESS WIRE)--\nNews Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2025.\n\nCommenting on the results, Chief Executive Robert Thomson said:\n\n“The sustained strength of News Corp’s third quarter reflects the Company’s strategic transformation. We have pursued digital growth, realigned our assets, focused relentlessly on cost discipline and asserted the essential value of our intellectual property in a changing, challenging content world.\n\nNet income from continuing operations rose 67% to $107 million, benefiting from a 12% increase in Total Segment EBITDA to $290 million, as revenue reached $2 billion, despite blustery currency headwinds and obvious macro uncertainty. Reported earnings per share from continu...