Fox Corp (NAS:FOXA)
$ 32.96 0 (0%) Market Cap: 14.83 Bil Enterprise Value: 19.18 Bil PE Ratio: 10.33 PB Ratio: 1.46 GF Score: 82/100

Q1 2023 Fox Corp Earnings Call Transcript

Nov 01, 2022 / 12:30PM GMT
Release Date Price: $30.53 (+5.75%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the FOX Corporation First Quarter Fiscal Year 2023 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. I'll now turn the conference over to Chief Investor Relations Officer, Ms. Gabrielle Brown. Please go ahead, Ms. Brown.

Gabrielle Brown
Fox Corporation - Executive VP & Chief IR Officer

Thanks, Gabby, and thank you all for joining us this morning to discuss our first quarter results and happy Halloween, everyone. I was trying to think of a Halloween reference or a joke, but in fact, there's nothing scary in these results. Actually, fiscal '23 has started off -- by the way, that's called a dad joke in my household. Fiscal '23 has started off on a solid footing for us, supported by healthy viewership at sports and news, revenue growth across our platforms and impressive momentum at TUBI. Financially, we delivered 5% growth in our top line revenues, led by an 8% increase in advertising and 3% growth in affiliate revenues. Our advertising growth in the

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