Fox Q2 Performance Falls Marginally Short of Street Expectations, Authorizes $4 Billion Buyback

A Fox News channel sign is seen at the News Corp. building in New York on March 20, 2019. Kevin Hagen/Getty Images

Fox Corp. reported fourth-quarter FY22 revenue growth of 5 percent year-on-year to $3.03 billion, missing the consensus of $3.05 billion.

Affiliate revenues increased 4 percent Y/Y to $1.73 billion with 2 percent growth in the Cable Network Programming segment and 7 percent growth in the Television segment.