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News Corp. Reports $144 Million Quarterly Profit
By USinMinutes - Feb 14, 2025, 04:15 PM ET
Last Updated - Feb 15, 2025, 06:22 AM EST
The company records $2.1 billion revenue for Q1 ended Sep 30, 2024
NEWS CORP [NWS] reported $144 million profit for Q1 ended Sep 30, 2024, showing an increase of $89 million same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 14, 2025 that it generated revenue of $2.1 billion for the period, showing an increase of $65 million same quarter of the previous year.
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The company's profit increased by 161.82% from $55 million in the last quarter.
The revenue increased 3.2% from $2 billion in the same quarter of the previous year.
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