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News Corp. gains as Dow Jones profit shines, despite revenue dip

Aug. 10, 2023 4:30 PM ETNews Corporation (NWSA) Stock, NWS StockBy: Jason Aycock, SA News Editor
21st Century Fox Sold To Walt Disney Co. For Over 70 Billion Dollars

Kevin Hagen/Getty Images News

News Corp. (NASDAQ:NWSA) rose in immediate post-market trading Thursday after posting fiscal fourth-quarter earnings where revenues dipped more than expected, though the company's adjusted profitability rose thanks for the most part to its Dow Jones unit.

Revenues overall fell 9% to $2.43B, vs. expectations

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