The company said revenue for the 3 months ended September 30, 2024 was $2.58 billion, up 3% from $2.50 billion in the same period last year, and net income was $144 million, compared with $58 million a year earlier.

1. 01

   The company said revenue for the 3 months ended September 30, 2024 was $2.58 billion, up 3% from $2.50 billion in the same period last year, and net income was $144 million, compared with $58 million a year earlier.

2. 02

   The company said Total Segment EBITDA for Q1 rose 14% to $415 million from $364 million a year earlier. Net income per share attributable to News Corporation stockholders was $0.21 ($0.05 a year earlier), and Adjusted EPS was $0.21 ($0.16 a year earlier).

3. 03

   The company said net cash provided by operating activities for the three months ended September 30, 2024 was $64 million, compared with net cash used of $(55) million a year earlier. After capital expenditures of $(95) million, free cash flow was $(31) million, compared with $(179) million a year earlier.

4. 04

   News Corp said Susan Panuccio will step down as Chief Financial Officer on January 1, 2025, and Lavanya Chandrashekar will succeed her, the company said on November 7, 2024. Chandrashekar's annual base salary is $1,400,000, and her annual bonus target is $2,500,000.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. 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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