News Corporation (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) reported first quarter results for fiscal 2025, showing record growth. Total revenue increased 3% to $2.58 billion, from $2.50 billion a year earlier, fueled by strong performances in the digital real estate services, book publishing and Dow Jones segments. This is higher than analysts’ average estimates.
Net income rose 148% to $144 million, compared to $58 million last year. EPS rose to $0.21 from $0.05, while adjusted EPS improved to $0.21 from $0.16. Total segment EBITDA hit a first-quarter record of $415 million, up 14% from $364 million, driven by REA Group’s Australian success and strong digital book sales.
Revenue from digital real estate services rose 13% to $457 million, with REA Group (of which News Corp holds about 61%) posting a 22% increase. Dow Jones continued its steady performance with a 3% increase, supported by an 8% increase in professional information revenues.
CEO Robert Thomson praised the company’s resilience in challenging conditions, highlighting its decade-long strategic transformation.