Previous close | 0.5000 |
Open | 0.5000 |
Bid | 0.2500 |
Ask | 3.4000 |
Strike | 22.50 |
Expiry date | 2024-11-15 |
Day's range | 0.5000 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | 13 |
Shares of the company behind the Fox sports network and Fox News were up 1.3% in early trading. Fox also posted a net income of $666 million, compared with a loss of $54 million a year earlier, thanks to the absence of charges tied to its settlement last year with Dominion Voting Systems. The company's ad revenue fell by more than a third in the first three months of the year as Fox grappled with the lack of a Super Bowl broadcast and fewer National Football League games.
Strong Performance Despite Advertising Revenue Decline
Cable news and media network Fox (NASDAQ:FOXA) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 15.6% year on year to $3.45 billion. It made a non-GAAP profit of $1.09 per share, improving from its profit of $0.95 per share in the same quarter last year.