- Twenty-First Century Fox (NASDAQ:FOX, FOXA) A shares have slid 5.4% after hours after it provided some dimmer overall earnings guidance due to film shortfalls and forex following its Q2 report.
- The company met profit expectations for fiscal Q2, but a decline in its movie business led to a revenue miss.
- Revenue by segment: Cable Network Programming, $3.7B (up 9.4%); Television, $1.7B (up 5.7%); Filmed Entertainment, $2.36B (down 14.2%); Other, corporate, eliminations -$405M. Comps are also affected by the discontinued Direct Broadcast Satellite business ($663M in 2014).
- In OIBDA: Cable Network Programming, $1.25B (up 7.9%); Television, $279M (down 3.8%); Filmed Entertainment, $302M (down 10.1%).
- Press Release