News Corporation (NWSA) CEO Robert Thomson on Q1 2022 Results - Earnings Call Transcript

Nov. 04, 2021 7:42 PM ETNews Corporation (NWSA), NWS
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News Corporation (NASDAQ:NWSA) Q1 2022 Earnings Conference Call November 4, 2021 5:00 PM ET

Company Participants

Mike Florin – Senior Vice President & Head of Investor Relations

Robert Thomson – Chief Executive Officer

Susan Panuccio – Chief Financial Officer

Conference Call Participants

Entcho Raykovski – Credit Suisse

Alexia Quadrani – JP Morgan

Craig Huber – Research Partners

Brian Han – Morningstar


Good day and welcome to the News Corp First Quarter Fiscal 2022 Conference Call. Today's conference is being recorded. [Indiscernible] will be on a listen-only basis. At this time, I would like to turn the conference over to Mike Florin, Senior Vice President and Head of Investor Relations. You may begin, sir.

Mike Florin

Thank you very much, Bobby. Hello, everyone, and welcome to News Corp 's fiscal first quarter 2022 earnings call. We issued our earnings press release about 30 minutes ago, and is now posted on our website at 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 will 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 diver 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 will pass it over to Robert Thomson for some opening comments.

Robert Thomson

Thank you, Mike. We are journeying through the contours of our complex

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