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clock Created with Sketch. 11/08/23
09:21
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Q4 2023 financial highlights: Revenues at $2.43B, down 9% from $2.67B last year. Net loss of $(32)M, impacted by higher non-cash writedowns & restructuring charges. Digital revenues surpassed 50% of total annual revenues. Dow Jones' EBITDA up 25% QoQ, 14% YoY with robust growth in Risk & Compliance. Foxtel Group's streaming revenue growth offsets broadcast declines; nearing completion of its external debt refinancing. Full-Year Highlights: Total revenues of $9.88B, down 5% from $10.39B in 2022. Net income at $187M, a sharp 75% drop from $760M last year. Challenges faced in Book Publishing and Digital Real Estate due to market conditions in the U.S. & Australia. Dow Jones saw growth with acquisitions of OPIS & CMA. Total Segment EBITDA at $1.42B, down 15% YoY.Diluted EPS at $0.26, a decrease from $1.05 in 2022. Adjusted EPS stands at $0.49, compared to $1.20 last year
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