04:58 PM EST, 11/07/2024 (MT Newswires) -- News Corp ( NWSA ) reported late Thursday fiscal Q1 adjusted net income of $0.21 per diluted share, up from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.15.

Revenue for the quarter ended Sept. 30 was $2.58 billion, compared with $2.50 billion a year earlier. Analysts expected $2.58 billion.

Separately, the company said Susan Panuccio is leaving the company as chief financial officer on Jan. 1. She will be succeed by Lavanya Chandrashekar. Panuccio will continue in an advisory capacity for six months to help in smooth transition.

Prior to joining News Corp ( NWSA ), Chandrashekar worked at Diageo (DEO), Procter & Gamble (PG) and Mondelez (MDLZ).

Company shares were up 1% in after-hours activity.