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News Corporation (NWSA) CEO Robert Thomson on Q2 2019 Results - Earnings Call Transcript

Feb. 07, 2019 11:03 PM ETNews Corporation (NWSA)
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News Corporation (NASDAQ:NWSA) Q2 2019 Earnings Conference Call February 7, 2019 5:00 PM ET

Company Participants

Michael Florin - Senior Vice President and Head of Investor Relations

Robert Thomson - Chief Executive

Susan Panuccio - Chief Financial Officer

Conference Call Participants

Entcho Raykovski - Credit Suisse

Kane Hannan - Goldman Sachs

Craig Huber - Huber Research Partners

Brian Han - Morningstar Inc.


Good day, and welcome to the News Corp Second Quarter Fiscal 2019 Conference Call. Today’s conference is being recorded. Media will be on a listen-only basis.

At this time, I’d like to turn the conference over to Mr. Michael Florin, Senior Vice President and Head of Investor Relations. You may begin, sir.

Michael Florin

Thank you very much, Aaron. Hello, everyone, and welcome to News Corp’s fiscal second quarter 2019 earnings call. We issued our earnings press release about an hour ago, and it’s now posted on our website at newscorp.com.

On the call today are Robert Thomson, Chief Executive; and Susan Panuccio, Chief Financial Officer. We will open with some prepared remarks, and then we’ll be happy to take questions from the investment community.

This call may include certain forward-looking information with respect to News Corp’s business and strategy. Actual results could differ materially from what is said. News Corp’s Form 10-K and Form 10-Q filings identify risks and uncertainties that could cause actual results to differ and contain cautionary statements regarding forward-looking information.

Additionally, this call will include certain non-GAAP financial measurements such as total segment EBITDA, adjusted segment EBITDA and adjusted EPS. The definitions and GAAP to non-GAAP reconciliations of such measures can be found in our earnings release.

With that, I’ll pass it over to Robert Thomson for some opening comments.

Robert Thomson

Thanks, Mike. News Corp reported increased profitability and revenue growth during the

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