Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · News Corp (Class B) (NWS)

News Corp Q1 net income rises to $144 million; CFO to depart in January

Positive Impact 4 of 5 earnings Written later

News Corp reported fiscal first-quarter 2025 results for the three months ended September 30, 2024, with revenue of $2.58 billion, up 3%, and net income of $144 million, up from $58 million a year earlier. The company also said CFO Susan Panuccio will leave the role on January 1, 2025, and be succeeded by Lavanya Chandrashekar, while director Kelly Ayotte will not stand for re-election.

Key points

  • Revenue was $2.58 billion, up 3% from $2.50 billion; EPS were $0.21 versus $0.05 a year earlier
  • Total Segment EBITDA rose 14% to $415 million; adjusted EPS were $0.21 versus $0.16
  • Lavanya Chandrashekar, formerly CFO of Diageo plc, becomes CFO effective January 1, 2025; Panuccio stays as Senior Advisor through June 29, 2025
  • Board size will be reduced to six members after Kelly Ayotte's departure, which the filing says did not result from any disagreement with the company

The filing

CompanyNews Corp (Class B) (NWS)
Form8-K, current report
Filed with the SECNov 7, 2024, 4:18 PM ET
Accession number0001564708-24-000595

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

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 November 07, 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.