Fox (FOXA) Revenue — Quarter Ended Mar 31, 2023
Revenue decreased from the immediately preceding quarter but increased compared with the same quarter one year earlier. This mixed directional performance reflects the company's results for the period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue decreased from the immediately preceding quarter but increased compared with the same quarter one year earlier. This mixed directional performance reflects the company's results for the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
-11.3%
Change from the immediately preceding quarter.
Year-over-year
+18.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3B | +4.9% |
| Sep 30, 2022 | $3.2B | +4.8% |
| Dec 31, 2022 | $4.6B | +3.7% |
| Mar 31, 2023 | $4.1B | +18.2% |
Revenue performance
The quarter's revenue was lower than the prior period yet higher than the year-ago period. The sequential decline and annual gain together define the revenue outcome.
Quarterly comparison
Sequentially, revenue contracted from the previous three months. On an annual basis, revenue expanded relative to the same three-month stretch a year earlier.
What to watch
The company maintained a robust liquidity position with sizable cash holdings and an undrawn credit facility, while operating cash flow improved year-over-year.