NEWS CORPORATION (NASDAQ:NWS) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On August10, 2017, News Corporation (the “Company”) released its financial results for the quarter and year ended June30, 2017. A copy of the Company’s press release is attached as Exhibit 99.1 to this Form 8-K and incorporated herein by reference.
The information in this report shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 2.02 | Financial Statements and Exhibits. |
(d) Exhibits.
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ExhibitNo. |
Description |
| 99.1 | Press release issued by News Corporation, dated August 10, 2017, announcing News Corporation’s financial results for the quarter and year ended June 30, 2017. |
NEWS CORP ExhibitEX-99.1 2 d438483dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR FISCAL 2017 FISCAL 2017 FULL YEAR KEY FINANCIAL HIGHLIGHTS Revenues of $8.14 billion compared to $8.29 billion in the prior year (Loss) income from continuing operations was ($643) million compared to $235 million in the prior year. The loss includes approximately $1 billion of pre-tax non-cash impairments and write-downs and a one-time pre-tax gain of $107 million as a result of the sale of REA Groups European business Total Segment EBITDA was $885 million compared to $684 million in the prior year; fiscal 2016 included the NAM Group settlement charge of $280 million and the $122 million gain from the Zillow settlement Strong growth in the Digital Real Estate Services segment,…To view the full exhibit click here