News Corporation reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 854 million compared to USD 813 million a year ago. Revenue was USD 2,586 million compared to USD 2,521 million a year ago. Net income was USD 156 million compared to USD 67 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.12 a year ago.
For the six months, sales was USD 1,667 million compared to USD 1,603 million a year ago. Revenue was USD 5,085 million compared to USD 4,999 million a year ago. Net income was USD 186 million compared to USD 107 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.18 a year ago.