Fox (FOXA) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the third fiscal quarter compared to both the immediately preceding quarter and the same period a year earlier. The decrease was driven by lower revenues across segments.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q3
Revenue declined in the third fiscal quarter compared to both the immediately preceding quarter and the same period a year earlier. The decrease was driven by lower revenues across segments.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-18.6%
Change from the immediately preceding quarter.
Year-over-year
-15.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.9B
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, 2023 | $3B | -0.0% |
| Sep 30, 2023 | $3.2B | +0.5% |
| Dec 31, 2023 | $4.2B | -8.1% |
| Mar 31, 2024 | $3.4B | -15.6% |
Revenue performance
Reported revenue for the quarter was lower than the previous quarter, continuing a downward trajectory from the prior year's same quarter.
Quarterly comparison
Compared to the prior quarter, revenue fell sharply, and versus the year-ago quarter, revenue also decreased, reflecting a challenging year-over-year comparison.
What to watch
Monitor whether revenue stabilizes in upcoming quarters given the recent declines.