Earnings

Fox Corp (FOXA) earnings Q3 2023

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The News Corporation headquarters, which is also home to Fox News, stands in Manhattan on April 18, 2023 in New York City.

Spencer Platt | Getty Images

Fox Corp. reported a quarterly net loss on Tuesday due to the costs related to its settlement with Dominion Voting Systems, despite revenue that was lifted by the Super Bowl and its fast ad-supported streaming service Tubi.

Fox notched $4.08 billion in quarterly revenue, up 18% from the same period last year. Its advertising revenue soared on the back of the Super Bowl — the most watched program in U.S. TV history with 115 million viewers, which brought in approximately $650 million in gross ad revenue. The company also saw a boost after…



Source cnbc.com

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