Southern Cross Media Group Posts Higher Fiscal Q1 Revenue

MT Newswires Live11-25 10:01

Southern Cross Media Group (ASX:SXL) reported a 1.5% increase in total revenue to AU$122.5 million in the fiscal first quarter compared with the previous year, indicating continued positive operating momentum, according to a Monday filing with the Australian bourse.

The company's total audio revenue was AU$100.4 million, up 4.8% from the same quarter in fiscal 2024, driven by an over 48% increase in digital and a 1.1% rise in broadcast radio, the filing said.

Looking ahead, total audio sales in the December quarter are expected to continue growing, according to the filing. For fiscal 2025, capital expenditures are expected to be below AU$10 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2486574426?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-25 10:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2486574426","market":"fut","top_or_hot":-1,"title":"Southern Cross Media Group Posts Higher Fiscal Q1 Revenue","media":"MT Newswires Live","content":"<html><body><p> Southern Cross Media Group (ASX:SXL) reported a 1.5% increase in total revenue to AU$122.5 million in the fiscal first quarter compared with the previous year, indicating continued positive operating momentum, according to a Monday filing with the Australian bourse.</p><p>The company's total audio revenue was AU$100.4 million, up 4.8% from the same quarter in fiscal 2024, driven by an over 48% increase in digital and a 1.1% rise in broadcast radio, the filing said.</p><p>Looking ahead, total audio sales in the December quarter are expected to continue growing, according to the filing. For fiscal 2025, capital expenditures are expected to be below AU$10 million.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southern Cross Media Group Posts Higher Fiscal Q1 Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouthern Cross Media Group Posts Higher Fiscal Q1 Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Southern Cross Media Group (ASX:SXL) reported a 1.5% increase in total revenue to AU$122.5 million in the fiscal first quarter compared with the previous year, indicating continued positive operating ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SXL.AU","symbol_name":"SOUTHERN CROSS MEDIA GROUP L","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2486574426","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486574426","pubTimestamp":1732500064,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Southern Cross Media Group  reported a 1.5% increase in total revenue to AU$122.5 million in the fiscal first quarter compared with the previous year, indicating continued positive operating momentum, according to a Monday filing with the Australian bourse.The company's total audio revenue was AU$100.4 million, up 4.8% from the same quarter in fiscal 2024, driven by an over 48% increase in digital and a 1.1% rise in broadcast radio, the filing said.Looking ahead, total audio sales in the December quarter are expected to continue growing, according to the filing. For fiscal 2025, capital expenditures are expected to be below AU$10 million.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SXL.AU":"SOUTHERN CROSS MEDIA GROUP L","SO":"美国南方公司"},"translate_title":"南十字星媒体集团第一财季收入增加","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SO":1,"SXL.AU":0.9},"content_text":"Southern Cross Media Group (ASX:SXL) reported a 1.5% increase in total revenue to AU$122.5 million in the fiscal first quarter compared with the previous year, indicating continued positive operating momentum, according to a Monday filing with the Australian bourse.The company's total audio revenue was AU$100.4 million, up 4.8% from the same quarter in fiscal 2024, driven by an over 48% increase in digital and a 1.1% rise in broadcast radio, the filing said.Looking ahead, total audio sales in the December quarter are expected to continue growing, according to the filing. For fiscal 2025, capital expenditures are expected to be below AU$10 million.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486574426"}