Fri, May 9, 11:04 AM (3 days ago)
**News Corporation (NWSA) Q1 2025 Financial Performance Summary** **Revenue and Profit Margins:** - **Revenue:** $2.01 billion (up 1% YoY) - Circulation and subscription: $755 million (up 3% YoY) - Advertising: $308 million (down 5% YoY) - Consumer: $492 million (up 2% YoY) - Real estate: $318 million (up 6% YoY) - Other: $136 million (down 11% YoY) - **Net Income:** $137 million (up 226% YoY) - **Net Income Attributable to Stockholders:** $103 million (up 243% YoY) - **Earnings per Share (EPS):** $0.18 (up 260% YoY) **Cash Flow:** - **Operating Cash Flow:** $789 million (up 9% YoY) - **Capital Expenditures:** $250 million (up 2% YoY) - **Free Cash Flow:** $539 million (up 13% YoY) **Segment Performance:** - **Dow Jones:** Revenue up 6% YoY, Segment EBITDA up 12% YoY - **Digital Real Estate Services:** Revenue up 5% YoY, Segment EBITDA up 19% YoY - **Book Publishing:** Revenue up 2% YoY, Segment EBITDA up 3% YoY - **News Media:** Revenue down 8% YoY, Segment EBITDA up 22% YoY **Trends and Uncertainties:** - **Positive Trends:** Strong performance in circulation and subscription revenues, cost savings initiatives, and strategic acquisitions. - **Uncertainties:** Macroeconomic volatility, foreign currency fluctuations, and ongoing legal proceedings. **Future Operations Impact:** - **Strategic Initiatives:** Continued focus on digital transformation, cost savings, and strategic acquisitions. - **Financial Health:** Strong liquidity position with $2.1 billion in cash and cash equivalents, and available borrowing capacity. **Discontinued Operations:** - **Foxtel Sale:** Completed on April 2, 2025, resulting in a minority equity interest in DAZN and repayment of shareholder loans. **Dividends and Share Repurchases:** - **Dividends:** $0.10 per share paid on April 9, 2025. - **Share Repurchases:** $37 million in the quarter, with $345 million remaining under the repurchase program. **Liquidity and Capital Resources:** - **Cash and Cash Equivalents:** $2.1 billion as of March 31, 2025. - **Borrowings:** $1.97 billion, with $750 million of undrawn commitments under the revolving credit facility. **Legal and Regulatory:** - **Ongoing Legal Proceedings:** Various legal claims and investigations, with potential impacts on financial results. **Outlook:** - **Positive Outlook:** Continued focus on operational efficiency, strategic investments, and maintaining a strong financial position. - **Challenges:** Navigating macroeconomic uncertainties and managing ongoing legal and regulatory risks.