News Corp (NWS) Reports Q3 EPS of $0.03 on Revenues of $2.27B
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News Corporation Reports Third Quarter Results for Fiscal 2020
May 7, 2020 4:15 PM EDTFISCAL 2020 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS
Revenues were $2.27 billion, an 8% decline compared to $2.46 billion in the prior year Non-cash impairment charges of $1.1 billion, primarily at Foxtel and News America Marketing, led to a net loss of ($1) billion compared to net income of $23 million in the prior year Total Segment EBITDA was $242 million compared to $247 million in the prior year Adjusted Revenues declined 4% and Adjusted Total Segment EBITDA increased 1% Reported EPS were ($1.24) compared to $0.02 in the prior year Adjusted EPS were $0.03 compared to $0.04 in the prior... More