Fox Corporation (FOX) Tops Q1 EPS by 69c
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FOX Reports First Quarter Fiscal 2021 Revenues Of $2.72 Billion
November 3, 2020 8:00 AM ESTNEW YORK, Nov. 3, 2020 /PRNewswire/ --Â Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended September 30, 2020.
The Company reported total quarterly revenues of $2.72 billion, a 2% increase from the $2.67 billion of revenues reported in the prior year quarter, led by revenue growth at the Cable Network Programming segment. Affiliate revenues increased 10% with increases at the Television and Cable Network Programming segments. Advertising revenues decreased 7%, primarily due to the postponement of live events at FOX Sports and certain scripted programming at FOX Entertainment as a result of Coronavirus Disease 2019... More
