Fox revenue rises 11% to $3.56 billion; net income rises to $832 million
Fox Corporation reported results for the quarter ended September 30, 2024, with revenues up 11% to $3.56 billion and net income of $832 million, up from $415 million a year earlier. The filing says net income includes a gain from the change in fair value of the company's investments, and adjusted EPS, a non-GAAP measure, rose to $1.45 from $1.09. The filing does not include guidance.
Key points
- Revenues of $3.56 billion, up $357 million or 11%, driven by higher advertising, affiliate fee and other revenues
- Net income attributable to Fox stockholders of $827 million ($1.78 per share) vs. $407 million ($0.82) a year earlier; adjusted EPS of $1.45 vs. $1.09
- Adjusted EBITDA of $1.05 billion, up $179 million or 21%; non-operating other, net contributed $233 million
- Repurchased about $250 million of Class A stock in the quarter, with $1.15 billion remaining under the authorization
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 November 04, 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.