News Corporation
0K7U.L
$26.12 1.98%
Exchange: LSE | Sector: Technology | Industry: Media Entertainment
Q4 2024
Published: Aug 13, 2024

Earnings Highlights

  • Revenue of $2.58B up 5.9% year-over-year
  • EPS of $0.09 increased by 742.9% from previous year
  • Gross margin of 100.0%
  • Net income of 50.00M
  • ""Our efforts to broaden our digital footprint have begun to show results, especially in the subscription video service segment."" - CFO of News Corporation
0K7U.L
News Corporation

Executive Summary

In Q4 2024, News Corporation reported robust growth driven by its diverse portfolio within the media and entertainment sector. The company achieved total revenue of $2.577 billion, reflecting a 29.24% increase compared to the previous quarter, and a remarkable 5.92% annual increase. Net income skyrocketed to $50 million, marking a staggering 725% year-over-year growth. Despite facing challenges within the industry, management remains optimistic about the company's strategic initiatives, primarily focused on digital expansion and enhancing subscriber services.

Key Performance Indicators

Revenue
Increasing
2.58B
QoQ: 29.24% | YoY: 5.92%
Gross Profit
Increasing
2.58B
1.00% margin
QoQ: 29.24% | YoY: 162.42%
Operating Income
Increasing
188.00M
QoQ: 29.66% | YoY: 15.34%
Net Income
Increasing
50.00M
QoQ: 66.67% | YoY: 725.00%
EPS
Increasing
0.09
QoQ: 80.00% | YoY: 742.86%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 2,009.00 0.18 +0.8% View
Q2 2025 2,238.00 0.38 +4.8% View
Q1 2025 2,577.00 0.21 +3.1% View
Q4 2024 2,577.00 0.09 +5.9% View
Q3 2024 1,994.00 0.05 -18.5% View