AI English summary of an SEC filing — figures as filed
News Corp said net income from continuing operations for the 3 months ended March 31, 2025 was $107 million and for the 9 months was $562 million, increases of $43 million (67%) and $250 million (80%), respectively, compared to $64 million and $312 million for the corresponding periods of the prior year.
Key points
AI summaryNews Corp said net income from continuing operations for the 3 months ended March 31, 2025 was $107 million and for the 9 months was $562 million, increases of $43 million (67%) and $250 million (80%), respectively, compared to $64 million and $312 million for the corresponding periods of the prior year.
The company said revenues for the 3 months ended March 31, 2025 increased $15 million (1%) and for the 9 months increased $183 million (3%). It cited higher circulation and subscription revenues at Dow Jones for the 3 months and higher Australian residential revenues at REA Group for the 9 months as factors.
News Corp said operating cash flow from continuing operations for the 9 months ended March 31, 2025 increased $68 million compared to the corresponding prior-year period, and free cash flow was $539 million, an increase from $475 million in the corresponding prior-year period.
The company said cash and cash equivalents as of March 31, 2025 were $2.1 billion and the remaining authorized amount under its share repurchase program was approximately $345 million. It also said the sale of Foxtel closed as of April 2, 2025, which excluded certain commitments from the company's obligations.
Key figures
Quarter ended March 31, 2025
- Revenue
- $2.0B
- Net income
- $103M
- EPS
- $0.18
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Net income from continuing operations: 3 months $107 million, 9 months $562 million
News Corp said net income from continuing operations for the 3 months ended March 31, 2025 was $107 million and for the 9 months was $562 million, increases of $43 million (67%) and $250 million (80%), respectively, compared to $64 million and $312 million for the corresponding periods of the prior year.
Source · Based on the MD&A text of the filing
Revenues: 3 months up $15 million, 9 months up $183 million
The company said revenues for the 3 months ended March 31, 2025 increased $15 million (1%) and for the 9 months increased $183 million (3%). It cited higher circulation and subscription revenues at Dow Jones for the 3 months and higher Australian residential revenues at REA Group for the 9 months as factors.
Source · Based on the MD&A text of the filing
Operating cash flow for 9 months increased, free cash flow $539 million
News Corp said operating cash flow from continuing operations for the 9 months ended March 31, 2025 increased $68 million compared to the corresponding prior-year period, and free cash flow was $539 million, an increase from $475 million in the corresponding prior-year period.
Source · Based on the MD&A text of the filing
Cash $2.1 billion, remaining authorized share repurchase amount, Foxtel sale closed
The company said cash and cash equivalents as of March 31, 2025 were $2.1 billion and the remaining authorized amount under its share repurchase program was approximately $345 million. It also said the sale of Foxtel closed as of April 2, 2025, which excluded certain commitments from the company's obligations.
Source · Based on the MD&A text of the filing
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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