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Fox posts higher revenue on ad sales strength

The company posted a loss attributable to stockholders of $85 million, or 15 cents a share, for the fiscal second quarter, compared with a profit of $224 million, or 37 cents a share, in the year-earlier period (Bloomberg) — The company posted a loss attributable to stockholders of $85 million, or 15 cents a share, for the fiscal second quarter, compared with a profit of $224 million, or 37 cents a share, in the year-earlier period **(Bloomberg)**

1 min read . Updated: 09 Feb 2022, 08:03 PM IST Kimberly Chin, The Wall Street Journal

Advertising revenue rose about 6% in latest quarter

Fox Corp., parent of Fox News and the Fox broadcast network, reported higher revenue in the latest quarter, as advertising sales continued to improve driven by its news programming, live sports and streaming platforms.

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Fox posts higher revenue on ad sales strength

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