News Corporation Class B ( (NWS) ) has released its Q1 earnings. Here is a breakdown of the information News Corporation Class B presented to its investors.
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News Corporation, a global media and information services company, operates across various sectors including news, digital real estate, and book publishing, with significant operations in the United States, Australia, and the United Kingdom.
In its first quarter of fiscal 2026, News Corporation reported a 2% increase in revenues to $2.14 billion, driven by strong performances in the Dow Jones and Digital Real Estate Services segments. The company’s net income from continuing operations rose slightly to $150 million, reflecting a 1% increase from the previous year.
Key financial metrics for the quarter included a 5% rise in Total Segment EBITDA to $340 million, with Dow Jones revenues increasing by 6% and Digital Real Estate Services by 5%. The Book Publishing segment faced challenges, with a notable $13 million write-off impacting its EBITDA. Meanwhile, the News Media segment saw improved profitability due to cost-saving measures and increased subscription pricing.
Looking ahead, News Corporation’s management remains optimistic about generating strong free cash flow and enhancing shareholder value through accelerated share repurchases. The company is also focused on leveraging its intellectual property in the evolving digital and AI landscape, with expectations of forming new partnerships to further bolster its financial performance.