News Corp Reports Second Quarter Results for Fiscal 2023
*Revenues in the quarter were $2.52 billion, a 7% decrease compared to $2.72 billion in the prior year, reflecting a $171 million, or 6%, negative impact from foreign currency fluctuations. Adjusted Revenues decreased 3% *Net income in the quarter was $94 million compared to $262 million in the prior year *Total Segment EBITDA in the quarter was $409 million compared to $586 million in the prior year *In the quarter, reported EPS were $0.12 compared to $0.40 in the prior year – Adjusted EPS were $0.14 compared to $0.44 in the prior year