AI English summary of an SEC filing — figures as filed
Fox Corporation FOXFox said it reported revenue of $3.09 billion, net income of $320 million and Adjusted EBITDA of $773 million for the quarter ended June 30. Revenue rose $60 million (2%) from a year earlier, and Adjusted EBITDA increased $38 million (5%).
Key points
AI summaryFox said it reported revenue of $3.09 billion, net income of $320 million and Adjusted EBITDA of $773 million for the quarter ended June 30. Revenue rose $60 million (2%) from a year earlier, and Adjusted EBITDA increased $38 million (5%).
The company reported full-year revenue of $13.98 billion ($14.91 billion a year earlier), net income of $1.55 billion and Adjusted EBITDA of $2.88 billion ($3.19 billion a year earlier). It cited the absence of last year's Super Bowl LVII and Men's World Cup broadcasts and of last year's midterm election political advertising as reasons advertising revenue fell to $5.44 billion from $6.61 billion a year earlier.
The company said Television segment quarterly segment EBITDA was $148 million, compared with $227 million a year earlier, and full-year segment EBITDA was $506 million, compared with $1.01 billion a year earlier. Over the same periods, the Cable Network Programming segment posted quarterly segment EBITDA of $703 million and full-year segment EBITDA of $2.69 billion.
Fox reported full-year net cash provided by operating activities of $1,840 million, share repurchases of $1,000 million, dividends and distributions paid of $281 million, and year-end cash of $4,319 million. As of June 30, the remaining share repurchase authorization was $1.4 billion, and the company declared a semi-annual dividend of $0.27 per share.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fox Reports Q4 Revenue, Net Income and Adjusted EBITDA
Fox said it reported revenue of $3.09 billion, net income of $320 million and Adjusted EBITDA of $773 million for the quarter ended June 30. Revenue rose $60 million (2%) from a year earlier, and Adjusted EBITDA increased $38 million (5%).
Source · Based on the filing body and exhibits
Full-Year Advertising Revenue Decline and Results
The company reported full-year revenue of $13.98 billion ($14.91 billion a year earlier), net income of $1.55 billion and Adjusted EBITDA of $2.88 billion ($3.19 billion a year earlier). It cited the absence of last year's Super Bowl LVII and Men's World Cup broadcasts and of last year's midterm election political advertising as reasons advertising revenue fell to $5.44 billion from $6.61 billion a year earlier.
Source · Based on the filing body and exhibits
Television Segment Quarterly and Full-Year EBITDA
The company said Television segment quarterly segment EBITDA was $148 million, compared with $227 million a year earlier, and full-year segment EBITDA was $506 million, compared with $1.01 billion a year earlier. Over the same periods, the Cable Network Programming segment posted quarterly segment EBITDA of $703 million and full-year segment EBITDA of $2.69 billion.
Source · Based on the filing body and exhibits
Full-Year Cash Flow, Buybacks and Dividend
Fox reported full-year net cash provided by operating activities of $1,840 million, share repurchases of $1,000 million, dividends and distributions paid of $281 million, and year-end cash of $4,319 million. As of June 30, the remaining share repurchase authorization was $1.4 billion, and the company declared a semi-annual dividend of $0.27 per share.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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