NWS News: News Corp. (NWSA) Q2 Earnings Beat, Revenues Rise 13% Y/Y - 5th Feb 2022, 12:59am

zeeb0t

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News Corporation NWSA reported sturdy second-quarter fiscal 2022 results with both the top and the bottom lines improving year over year and surpassing the Zacks Consensus Estimate. The company witnessed strength primarily across Digital Real Estate Services, Dow Jones and Book Publishing segments. A surge in profitability was noticed in the News Media segment due to a revival in the advertising market. Meanwhile, Foxtel’s total streaming subscribers grew substantially.

Management remain...

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