SHARE

Share this news item!

News Corp Achieves 3% Revenue Growth in Recent Quarter

Digital Real Estate and Publishing Segments Drive Financial Performance

News Corp Achieves 3% Revenue Growth in Recent Quarter?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

News Corporation has reported a 3% increase in revenues for the second quarter of fiscal 2024, reaching $2.59 billion.
This growth is primarily driven by strong performances in the Digital Real Estate Services, Dow Jones, and Book Publishing segments.

The company's net income for the quarter was $183 million, a significant rise from $94 million in the same period the previous year. Total Segment EBITDA also saw an increase, reaching $473 million compared to $409 million in the prior year.

These positive results highlight News Corp's successful strategies in expanding its digital real estate and publishing operations, reflecting the company's adaptability in a rapidly evolving media landscape.

Investors and industry analysts view these developments as indicators of News Corp's robust financial health and its ability to capitalize on growth opportunities in the digital and publishing sectors.

In summary, News Corporation's latest financial results demonstrate the company's strong performance and strategic focus on key growth areas, positioning it well for future success in the media industry.

Published:Thursday, 26th Feb 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Sharemarket Approaches Record Highs
Australian Sharemarket Approaches Record Highs
06 Mar 2026: Paige Estritori
The Australian sharemarket is on the verge of reaching a new record high, propelled by a robust performance in the banking sector. The S&P/ASX 200 Index recently climbed 1.2%, closing at 8520.70, just shy of its all-time peak of 8532.30. This upward momentum reflects renewed investor confidence, particularly in financial stocks. - read more
RBA Maintains Interest Rates Amid Inflation Concerns
RBA Maintains Interest Rates Amid Inflation Concerns
06 Mar 2026: Paige Estritori
The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged at 3.6% during its latest policy meeting. This decision aligns with market expectations, especially in light of recent robust data on inflation and consumer demand. The RBA expressed concerns over increasing inflation risks and indicated that it would need more time to assess the persistence of price pressures. - read more
Australian Dollar Reaches Year-High Against US Dollar
Australian Dollar Reaches Year-High Against US Dollar
06 Mar 2026: Paige Estritori
The Australian dollar has recently achieved a year-high, trading at US70¢, as the US dollar experiences a decline. This development is largely attributed to the United States negotiating new trade agreements, which have influenced global currency markets. - read more
Australian Sharemarket Approaches Record Highs with Banking Sector Surge
Australian Sharemarket Approaches Record Highs with Banking Sector Surge
26 Feb 2026: Paige Estritori
The Australian sharemarket is on the brink of achieving a new record high, driven predominantly by a robust performance in the banking sector. The S&P/ASX 200 Index recently climbed 1.2%, closing at 8520.70, just shy of its all-time peak of 8532.30. This upward momentum reflects renewed investor confidence, particularly in financial stocks. - read more
Australian Dollar Hits Year-High Following US Dollar Weakness
Australian Dollar Hits Year-High Following US Dollar Weakness
26 Feb 2026: Paige Estritori
The Australian dollar has recently achieved a year-high, trading at US70¢, as the US dollar experiences a decline. This development is largely attributed to the United States negotiating new trade agreements, which have influenced global currency markets. - read more

MoneyTips Subscription Articles

Investing 101: A Beginner's Guide for Australian Adults
Investing 101: A Beginner's Guide for Australian Adults
Investing can initially seem daunting, but it’s essentially the act of allocating money with the expectation of generating an income or profit over time. It's important because investing offers the potential for your money to grow and outpace inflation, ensuring you have a secure financial future. - read more
How to Make Money: For the Girls
How to Make Money: For the Girls
Empowering women financially transcends beyond mere competition or gender debates; it revolves around cultivating practical financial confidence. The essence lies in having the capability to sustain yourself, making decisions uninfluenced by financial stress, and gradually expanding your choices. Regardless of whether your aim is debt clearance, home savings, initiating investments, or alleviating financial anxiety, wealth creation begins with strategic planning and persistent efforts. - read more
I Don’t Know What to Do as a Career: A Practical Checklist to Find Work That Fits Your Talents, Values, and Ambition
I Don’t Know What to Do as a Career: A Practical Checklist to Find Work That Fits Your Talents, Values, and Ambition
Feeling unsure about what to do as a career is more common than most people realise. Some people feel lost right after school or university. Others reach their late 20s, 30s or beyond and suddenly realise their current path does not feel right. Many people also experience career confusion after major life changes like relocation, burnout, redundancy, or personal growth. - read more
Saving for Your Child's Future: Education Funds and Beyond
Saving for Your Child's Future: Education Funds and Beyond
As young families embark on the journey of raising children, financial planning becomes an essential tool to ensure a stable future. With the rising costs of education and living expenses, it's crucial to put plans in place early. By doing so, families can alleviate stress and focus on what matters most: their children's growth and development. - read more
How to Create a Monthly Budget That Works for You
How to Create a Monthly Budget That Works for You
Budgeting is an essential skill for anyone looking to take control of their personal finances. It serves as the foundation for achieving financial stability and reaching your monetary goals. Yet, managing a budget can seem daunting, especially if you're unsure where to start or how to maintain one. In this article, we'll guide you through crafting a monthly budget that truly works for you, ensuring you not only manage your money effectively but also stress less about financial uncertainties. - read more