Fox Publishes Q1 FY2027 Earnings Call Transcript
- Fox Corporation reported fiscal first-quarter 2027 revenue of $4.6 billion, with adjusted EBITDA reaching a quarterly record of $1.64 billion.
- The earnings call featured CEO Lachlan Murdoch, CFO Steven Tomsic, President and COO John Nallen, and Chief Investor Relations Officer Gabrielle Brown.
- The pending Roku acquisition secured shareholder and foreign regulatory approvals; U.S. antitrust clearance remains outstanding.
- FOX One additions offset traditional subscriber losses, producing positive trailing-12-month subscriber growth; Murdoch cautioned sports seasonality could prevent sustained offsets.
- Tubi revenue rose 35%, with growth continuing into the second quarter; management expects margins around 20% as the business matures.
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