Monday, Fox Corporation (FOX) announced its third-quarter financial results, reporting a net income attributable to the company's stockholders of $166 million, or $0.38 a share, compared to $346 million, or $0.75 a share, in the prior year.
On an adjusted basis, earnings increased to $570 million, or $1.32 a share, from $507 million, or $1.10 a share, in the previous year.
Total revenues declined to $3.994 billion from last year's $4.371 billion, mainly due to lower revenue from the advertising segment.
In the pre-market hours, FOX is trading at $58.50, up 3.36 percent on the Nasdaq.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.