Fox beats Q4 estimates on World Cup ad revenue and Fox One subscriber growth
Fox reported Q4 revenue and EPS that beat estimates, driven by World Cup advertising and Fox One growth. CEO Lachlan Murdoch said World Cup subscriber gains surpassed expectations, with 2.8 million Fox One sign-ups in June. The stock rose following the report.
Detected & updated continuously · Source: Nebula
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@Benzinga
Fox ($FOXA) rose after Q4 revenue and EPS beat estimates, powered by World Cup ads and Fox One growth. CEO Lachlan Murdoch said World Cup subscriber gains “surpassed our expectations,” with 2.8M Fox One sign-ups in June.
@bwagy
This this weeks note, on Spiderman & BMW, AI slop is getting removed everywhere (or is it?) & World Cup lifts ad market. https://t.co/M1qVaEYy47 https://t.co/EcZo0zJRWR