Fox revenue falls to $3.45 billion as net income rises to $704 million
Fox Corporation reported fiscal third-quarter results for the three months ended March 31, 2024. Revenue fell to $3.45 billion from $4.08 billion a year earlier, mainly because the prior year included the Super Bowl LVII broadcast, while net income attributable to Fox stockholders rose to $666 million ($1.40 per share) from a loss of $54 million.
Key points
- Total revenues were $3.45 billion versus $4.08 billion in the prior-year quarter; advertising revenue fell to $1.24 billion from $1.88 billion.
- Net income attributable to Fox Corporation stockholders was $666 million ($1.40 per share), compared with a net loss of $54 million ($(0.10) per share), helped by the absence of prior-year legal settlement charges at FOX News Media and a ga
- Adjusted EBITDA was $891 million, up $58 million or 7%, as expenses decreased.
- As of March 31, 2024, the company had a remaining share repurchase authorization of up to $1.65 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.