-- Nine Entertainment (ASX:NEC) said total TV revenue for the fiscal third quarter recorded growth in the low single digits compared with the third quarter of fiscal year 2025, according to a Tuesday Australian bourse filing.
The company said that the fiscal fourth quarter has started on a softer note, reflecting short-term overall market conditions and the cycling of the Federal election, which boosted April.
Nine now expects total television costs in fiscal year to be down in the mid-to-high single digits compared with the fiscal year 2025 on a continuing business basis, integrating high-margin revenue from QMS, the filing added.
At Stan, Nine expects the positive momentum of the fiscal first half to continue, with further strong earnings before interest, taxes, depreciation, and amortization (EBITDA) growth projected in the second half, while Nine Publishing recorded fiscal Q3 digital subscription revenue growth of 15%, with positive momentum continuing into the fiscal Q4, the filing added.
The company's shares rose 1% in recent Tuesday trade.