News Corporation (NWSA) Q3 2023 Earnings Call Transcript
News Corporation (NASDAQ:NWSA) Q3 2023 Earnings Conference Call May 11, 2023 12:00 PM ET
Company Participants
Michael Florin - Senior VP and Head of IR
Robert Thomson - CEO and Director
Susan Panuccio - CFO
Conference Call Participants
David Karnovsky - JPMorgan
Kane Hannan - Goldman Sachs
Craig Huber - Huber Research
Darren Lung - Macquarie
Alan Gould - Loop Capital
Operator
Welcome to News Corp's Third Quarter Fiscal 2023 Earnings Conference Call. Today's conference is being recorded. Media will be allowed on a listen-only basis.
At this time, I would like to turn the conference over to Michael Florin, Senior Vice President and Head of Investor Relations. Please go ahead.
Michael Florin
Thank you very much, operator. Hello, everyone, and welcome to News Corp's fiscal third quarter 2023 earnings call. We issued our earnings press release about 30 minutes ago, and it's now posted on our website at newscorp.com.
On the call today are Robert Thomson, Chief Executive; and Susan Panuccio, Chief Financial Officer. We will open with some prepared remarks, and then we'll be happy to take questions from the investment community. This call may include certain forward-looking information with respect to News Corp's business and strategy. Actual results could differ materially from what is said. News Corp's Form 10-K and form 10-Q filings identify risks and uncertainties that could cause actual results to differ and contain cautionary statements regarding forward-looking information. Additionally, this call will include certain non-GAAP financial measurements such as total segment EBITDA, adjusted segment EBITDA and adjusted EPS. The definitions and GAAP to non-GAAP reconciliations of such measures can be found in the earnings release for the applicable periods posted on our website.
With that, I'll pass it over to Robert Thomson for some opening comments.
Robert Thomson
Thank you, Mike. Before discussing our results for the third quarter of fiscal year 2023 it is particularly important to begin by noting that today marks the 44th day in captivity for Wall Street Journal reporter Evan Gershkovich who was wrongfully willfully detained in Russia. I would like to express our thanks and that of Mr. Latour, Emma Tucker, and all the Dow Jones for the unstinting support shown for Evan and his family by the U.S. and many other governments, media companies, journalism organizations and concerned principled people around the world. We trust that justice and common sense will prevail and that Evan will soon be released.