AI brief of an SEC Form 8-K · News Corp (Class B) (NWS)

News Corp posts Q4 revenue up 6% to $2.58 billion and net income of $71 million

Positive Impact 3 of 5 earnings Written later

News Corp reported fiscal fourth-quarter revenue of $2.58 billion, up 6% from $2.43 billion a year earlier, and net income of $71 million, compared with a net loss of $32 million in the prior-year quarter. For the full fiscal year, revenue rose 2% to $10.09 billion and net income rose 89% to $354 million. The company also said it is assessing strategic and financial options for the Foxtel Group after third-party interest, with no assurance of a transaction.

Key points

  • Q4 revenue was $2.58 billion, up 6% from $2.43 billion, led by REA Group, Book Publishing and Dow Jones.
  • Q4 net income was $71 million versus a $32 million net loss a year earlier; EPS was $0.09 versus $(0.01).
  • Full-year net income was $354 million, up 89%; full-year revenue was $10.09 billion, up 2%.
  • The company is assessing strategic and financial options for Foxtel Group and declared a semi-annual dividend of $0.10 per share, payable October 9, 2024.

The filing

CompanyNews Corp (Class B) (NWS)
Form8-K, current report
Filed with the SECAug 8, 2024, 4:17 PM ET
Accession number0001564708-24-000390

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 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 August 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.