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05.02.26 - 22:21
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News Corporation Reports Second Quarter Results for Fiscal 2026 (Business Wire)
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FISCAL 2026 SECOND QUARTER KEY FINANCIAL HIGHLIGHTS
Second quarter revenues were $2.36 billion, a 6% increase compared to $2.24 billion in the prior year, driven by growth at the Dow Jones, Digital Real Estate Services and Book Publishing segments
Net income from continuing operations in the quarter was $242 million, a 21% decrease compared to $306 million in the prior year, which benefited from an $87 million favorable gain on REA Group's sale of PropertyGuru last year
Second quarter Total Segment EBITDA was $521 million, a 9% increase compared to $478 million in the prior year. Results include a $16 million one-time write-off primarily related to inventory at HarperCollins' international operations
For the quarter, reported EPS from continuing operations were $0.34 as compared to $0.40 in the prior year - Adjusted EPS were $0.40 compared to $0.33 in the prior year
Dow Jones revenues for the quarter were $648 million, a robust 8% increase compared to the prior year, driven by 20% growth at Risk & Compl...
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