Fox Corporation (FOXA) Tops Q1 EPS by 14c

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Fox Reports First Quarter Fiscal 2020 Revenues Of $2.67 Billion

November 6, 2019 4:05 PM EST

NEW YORK, Nov. 6, 2019 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended September 30, 2019.

The Company reported total quarterly revenues of $2.67 billion, a 5% increase from the $2.54 billion of revenues in the prior year quarter. The increase in revenues included affiliate revenue growth of 4%, driven by a 14% increase at the Television segment, partially offset by a 2% decline in advertising revenues. The Company also reported a 65% increase in other revenues, reflecting growth at both the Television and Cable Network Programming segments and higher revenues... More