Net Income Growth
Net income from continuing operations rose 67% to $107 million in the third quarter compared to the prior year.
EBITDA and Margin Expansion
Total segment EBITDA increased 12% with the overall margin expanding from 13% to 14.4%.
Successful Sale of Foxtel
Concluded the sale of Foxtel to DAZN, removing $724 million of Foxtel debt from the balance sheet and receiving significant equity interest in DAZN.
Dow Jones Segment Performance
Dow Jones posted a 6% revenue growth, with profitability surging 12% and margin rising from 21.7% to 23%.
Digital Real Estate Services
Profitability surged 19% on a 5% increase in revenues, with margin improving from 26.8% to 30.5%.
Book Publishing Revenue Growth
Book Publishing revenue expanded by 2% to $514 million, with EBITDA rising 3% to $64 million.