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REA Group Notes Being Form 10-Q Filed by News Corp with SEC

07 Feb 2022  |  08:53:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Form 10-Q filed by News Corp with SEC

REA Group noted that form 10-Q was filed by News Corp with SEC. As of 28 January 2022, 390,873,619 shares of Class A Common Stock and 198,483,427 shares of Class B Common Stock were outstanding. For the three and six months ended 31 December 2021, the Company recognized $182m and $372m, respectively, of revenue which was included in the opening deferred revenue balance. For the three and six months ended 31 December 2020, the Company recognized $237m and $331m, respectively, of revenue which was included in the opening deferred revenue balance.

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