FOX NASDAQ: FOX reported fiscal third-quarter revenue of $4 billion and adjusted EBITDA of $954 million, up 11% from a year earlier, as executives said distribution revenue growth, Fox News advertising strength and digital momentum helped offset the absence of last year's Super Bowl broadcast.
Fox reported total quarterly revenue of $3.99 billion for its fiscal third quarter ended in March, down from $4.37 billion the year earlier as ad sales dipped due to tough comparison given the absence of Super Bowl in the current vs last year. Distribution revenue increased 3%, driven by 5% growth at the cable network programming segment.
Fox reported lower fiscal third-quarter revenue as not broadcasting the Super Bowl this year weighed on its advertising income as compared with the prior year.
Rupert Murdoch's Fox depends on NFL games. But he's also worried those games may get too expensive.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Fox (FOXA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
Fox (FOX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) earlier this week reported the successful completion of a bought deal financing, raising just over $12 million to advance its flagship tungsten project in southern British Columbia, with CEO Stephen Gray highlighting the raise as a significant milestone for the company. Proactive: Welcome back inside our Proactive newsroom.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said on Thursday it has completed a previously announced bought deal private placement, raising gross proceeds of about C$12.7 million to fund exploration and general corporate activities. The offering consisted of 6.1 million hard dollar units priced at C$0.165 each and 48.9 million charity flow-through units priced at C$0.24 apiece, including a partial exercise of the underwriters' over-allotment option.
Investors need to pay close attention to FOX stock based on the movements in the options market lately.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said on Monday it has appointed two new directors to its board. Mark Wellings joins the board as the nominee of Waratah Capital Advisors, an investment fund with the contractual right to name a replacement following the March 24 resignation of Grant McAdam.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) Ltd CEO Stephen Gray talked with Proactive about the company's successful $11 million bought deal financing and how it positions the company to accelerate work at the Fox Project. Gray explained that the funding provides strong backing from existing investors, including cornerstone shareholders Waratah and PowerOne, who continue to support the company and maintain significant ownership.
Fox Corp (NASDAQ:FOXA) is expected to report steady results for the fiscal third quarter, though attention is increasingly turning to the looming renewal of its NFL media rights, according to analysts at Bank of America. The firm wrote that it anticipates fiscal third-quarter performance will “largely reflect a continuation of underlying trends,” supported by Fox's concentration in live programming such as news and sports, which it views as better positioned than entertainment within the traditional TV bundle.