Fox Corp quarterly results beat estimates on higher political ad spending
ReutersFeb 4, 2025 1:05 PM
Feb 4 (Reuters) - Fox Corp FOXA.O surpassed quarterly revenue and profit expectations on Tuesday, driven by higher political advertising on its news network and an uptick in commercials on its Tubi streaming service.
Revenue for the second quarter stood at $5.08 billion, beating estimates of $4.85 billion, according to data compiled by LSEG.
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