The company reported total revenues of $3.56 billion for the 3 months ended September 30, 2024, an increase of $357 million (11%) from the prior-year quarter. Net income for the same quarter was $832 million, compared with $415 million a year earlier.

1. 01

   The company reported total revenues of $3.56 billion for the 3 months ended September 30, 2024, an increase of $357 million (11%) from the prior-year quarter. Net income for the same quarter was $832 million, compared with $415 million a year earlier.

2. 02

   Fox said quarterly Adjusted EBITDA (non-GAAP) was $1.05 billion, an increase of $179 million (21%) from the prior-year quarter. The company said higher revenue was the main driver, while expenses also rose due to higher programming rights amortization at FOX Sports and higher costs at Tubi.

3. 03

   Fox said quarterly revenues at its Cable Network Programming segment were $1.60 billion, up 15%, and segment EBITDA was $748 million. Television segment revenues were $1.95 billion, up 10%, and segment EBITDA was $372 million, up 6%.

4. 04

   As of September 30, 2024, Fox said it had repurchased approximately $4.85 billion of its Class A common stock and approximately $1 billion of its Class B common stock, with a remaining authorization of $1.15 billion. The company said net cash provided by operating activities for the quarter was $158 million, and it repurchased approximately $250 million of stock during the quarter.

Analysis 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.

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

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