Fox(FOX)
Search documents
Fox Corporation reports strong quarter, boosted by advertising and cable growth
Fox Business· 2026-02-04 17:56
Fox Corporation on Wednesday reported its second-quarter earnings that beat analysts' estimates amid growth in advertising revenue from the company's news networks and sports programming. The company reported $5.18 billion in revenue for the second quarter of its 2026 fiscal year, an increase of 2% from the prior year quarter and above the LSEG estimate of $5.06 billion. Distribution revenues were up 4% in the quarter, driven mainly by 5% growth in Fox's cable network programming segment.Advertising revenue ...
FOX Q2 Earnings Call Highlights
Yahoo Finance· 2026-02-04 15:10
The Television segment reported revenue of $2.94 billion . Television advertising revenue was unchanged, as growth at Tubi, additional MLB postseason games, and pricing strength across sports were offset mainly by the absence of prior-year political advertising. Television distribution revenue increased 1% on healthy growth in fees across Fox-owned and affiliated stations, while television content and other revenue declined 19% due to lower entertainment production studio revenue tied to the timing of deliv ...
Fox(FOX) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Fox (NasdaqGS:FOX) Q2 2026 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsGabrielle Brown - Head of Investor RelationsJessica Reif Ehrlich - Managing DirectorLachlan Murdoch - Executive Chair and CEORobert Fishman - CFASteve Tomsic - CFOThomas Yeh - Equity ResearchNone - Company RepresentativeConference Call ParticipantsJohn Hodulik - AnalystMichael Morris - Senior Managing Director and Senior Equity Research AnalystMichael Ng - AnalystOperatorAs a reminder, this conference is being recorde ...
Fox(FOX) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Fox (NasdaqGS:FOX) Q2 2026 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsGabrielle Brown - Head of Investor RelationsJessica Reif Ehrlich - Managing DirectorLachlan Murdoch - Executive Chair and CEORobert Fishman - CFASteve Tomsic - CFOThomas Yeh - Equity ResearchNone - Company RepresentativeConference Call ParticipantsJohn Hodulik - AnalystMichael Morris - Senior Managing Director and Senior Equity Research AnalystMichael Ng - AnalystOperatorAs a reminder, this conference is being recorde ...
Fox(FOX) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:30
Fox (NasdaqGS:FOX) Q2 2026 Earnings call February 04, 2026 08:30 AM ET Speaker2As a reminder, this conference is being recorded. I'll now turn the conference over to Chief Investor Relations Officer, Ms. Gabrielle Brown. Please go ahead, Ms. Brown.Speaker0Thank you, Krista. Good morning, and welcome to our fiscal 2026 second quarter earnings call. Joining me on the call today are Lachlan Murdoch, Executive Chair and Chief Executive Officer, John Nallen, President and Chief Operating Officer, Steve Tomsic, o ...
Fox(FOX) - 2026 Q2 - Quarterly Report
2026-02-04 14:18
Revenue Performance - For the three months ended December 31, 2025, total revenues increased by $104 million or 2% to $5,182 million compared to the same period in 2024, driven by higher distribution and advertising revenues [88]. - For the six months ended December 31, 2025, total revenues increased by $278 million or 3% to $8,920 million, attributed to higher distribution, advertising, and content revenues [92]. - Cable Network Programming segment revenues rose by $110 million or 5% for the three months ended December 31, 2025, driven by higher distribution, advertising, and content revenues [102]. - Television segment revenues decreased by $24 million or 1% for the three months ended December 31, 2025, primarily due to lower content revenues, despite higher advertising and distribution revenues [107]. - Television segment revenues increased by $73 million or 1% for the six months ended December 31, 2025, mainly due to higher advertising and distribution revenues [109]. Operating Expenses - Operating expenses for the three months ended December 31, 2025, increased by $119 million or 3% to $3,895 million, mainly due to higher sports programming rights amortization and production costs [90]. - Operating expenses for the six months ended December 31, 2025, increased by $185 million or 3% to $5,979 million, primarily driven by higher sports programming rights and digital content costs [93]. - Operating expenses for Cable Network Programming increased by $72 million or 5% for the three months ended December 31, 2025, primarily due to higher sports programming rights costs [103]. Net Income and EBITDA - Net income for the three months ended December 31, 2025, decreased by $141 million or 36% to $247 million, largely due to changes in the fair value of investments in equity securities [97]. - Adjusted EBITDA for Cable Network Programming decreased by $89 million or 11% for the three months ended December 31, 2025, reflecting the impact of increased expenses [101]. - Adjusted EBITDA for the three months ended December 31, 2025, was $692 million, compared to $781 million for the same period in 2024, representing a decrease of 11.4% [119]. - Corporate and Other EBITDA decreased by $57 million or 70% for the three months ended December 31, 2025, and by $119 million or 78% for the six months ended December 31, 2025, primarily due to costs associated with the launch of FOX One [114]. Cash Flow and Financial Position - The Company has approximately $2.0 billion in cash and cash equivalents as of December 31, 2025, along with an unused $1.0 billion revolving credit facility [120]. - Net cash used in operating activities for the six months ended December 31, 2025, was $(799) million, compared to $(204) million in 2024, indicating a significant increase in cash outflow [124]. - Net cash used in investing activities for the six months ended December 31, 2025, was $(393) million, up from $(240) million in 2024, primarily due to increased investments and capital expenditures [125]. - Net cash used in financing activities for the six months ended December 31, 2025, was $(2.142) billion, compared to $(553) million in 2024, largely due to stock repurchase activities [126]. Dividends and Acquisitions - The Company declared a semi-annual dividend of $0.28 per share, payable on March 25, 2026, with a record date of March 4, 2026 [128]. - The Company is evaluating potential acquisitions and dispositions of certain businesses and assets, which may involve cash or the assumption of additional indebtedness [123]. Credit Rating - The Company maintains a stable credit rating of Baa2 from Moody's and BBB from Standard & Poor's as of December 31, 2025 [130].
福克斯公司Q2业绩超预期,受益于强劲的广告需求及流媒体业务增长
Ge Long Hui A P P· 2026-02-04 14:12
格隆汇2月4日|福克斯公司公布2026财年第二季度业绩,营收同比增长约2%至51.8亿美元,超过分析 师预期的50.6亿美元;调整后每股收益为0.82美元,亦超过分析师预期的0.51美元,主要得益于新闻和 体育网络强劲的广告需求以及广告支持的流媒体业务Tubi的增长。 ...
Fox Corp. Keeps Rolling In Fall Quarter Despite Lack Of Political Ads, Delivering Better-Than-Expected Revenue
Deadline· 2026-02-04 13:32
A seven-game World Series last October and continued strength at Fox News and streaming service Tubi helped Fox Corp. top revenue expectations in the October-to-December quarter. The company said Wednesday that total revenue in the fiscal second quarter inched up 2% from the year-ago period, reaching $5.18 billion. Earnings per share came in at 52 cents, and 81 cents when adjusted for one-time gains and expenses. Wall Street analysts had expected earnings per share of 52 cents and revenue of $5.03 billion. ...
Pinnacle Hires San Diego Torrey Hills Capital for Investor Relations and Grants Incentive Stock Options
Thenewswire· 2026-02-04 13:30
VANCOUVER, BRITISH COLUMBIA, February 04, 2026 – TheNewswire - (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that it has signed a one-year contract, effective February 1, 2026, with San Diego Torrey Hills Capital (“SDTHC”) to provide investor relations services for the Company. Under the terms of the agreement, Pinnacle will pay SDTHC US$2,000 per month and issue a one-time grant of 300,000 three-year incentive stock options ...
Fox Revenue Climbs on Growth in Cable, Advertising
WSJ· 2026-02-04 13:09
Fox recorded higher revenue in the fiscal second quarter as growth in the cable segment and higher advertising revenue offset a slight decline in the television segment. ...