Fox Corp. said that revenue "rose in the latest quarter, as the company expects the return of live sports and entertainment events will continue to propel its growth." Revenue for the company’s Q4 was $2.89B, up 20% from '20 (WALL STREET JOURNAL, 8/5).
Meanwhile, EA reported its earnings for Q1 of its FY '22, which ended June 30. The developer and publisher recorded a 6.3% increase in net revenues to $1.55B from $1.46B in the same period last year (Tobias Seck, SBJ).
Finally, Acushnet Holdings, the company that owns golf brands Titleist and Footjoy, this morning released Q2 numbers that "topped Wall Street expectations." Acushnet reported a Q2 profit of $81.1M. The golf products maker "posted revenue of $624.9 million in the period, also exceeding Street forecasts." Acushnet "expects full-year revenue in the range" of $1.93-1.99B (AP, 8/5).
