News Corp Reports Strong Q2 Earnings Growth, Revenue Up 5%
News Corp Reports Strong Q2 Earnings Growth, Revenue Up 5%

News Corp Reports Strong Q2 Earnings Growth, Revenue Up 5%

News summary

News Corp reported strong second-quarter fiscal 2025 results, with revenues increasing 5% to $2.24 billion and net income from continuing operations surging 58% to $306 million. Growth was primarily driven by the Digital Real Estate Services, Book Publishing, and Dow Jones segments, with notable contributions from the REA Group and increased circulation and subscription revenues. The company's Total Segment EBITDA rose 20% to $478 million, while earnings per share matched estimates at 33 cents. Despite a decline in News Media revenues, overall operational efficiency and cost discipline contributed to improved margins. Following the earnings announcement, NWSA shares saw a slight decline of 2% in after-hours trading. Looking ahead, News Corp aims to streamline operations and enhance shareholder value through strategic divestments and continued investment in its digital offerings.

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