World Cup Boosts Fox Ad Sales in Q2, Profit Falls 3%

Fox's ad sales surged 108 percent in the second quarter, powered by World Cup coverage. The broadcaster reported adjusted earnings per share of one point seven nine dollars on four point two billion dollars in revenue, beating Wall Street's forecast of one point three four dollars per share on three point six billion dollars. Despite the strong earnings beat, the company's profit fell three percent, Variety reports.

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