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(Reuters) – Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising spend ahead of the U.S. midterm elections.
The company’s total revenue rose to $3.19 billion in the first quarter ended Sept. 30, from $3.05 billion a year earlier. Analysts were expecting $3.17 billion, according to IBES data from Refinitiv.
