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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

AU market earnings: News Corp beats revenue estimates

Life360's 20% revenue growth, News Corp's 6% rise, and QBA Insurance's doubled profit highlight a strong earnings season across key sectors.

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This video was created on 9 August for IG audiences by ausbiz.

Corporate earnings show strong performance

In a standout quarter, Life360reported a 20% revenue increase to $84.9 million post-IPO, driven by significant subscriber growth. Despite projecting a full-year loss, the family-oriented app forecasts positive earnings by 2025. News Corp also impressed, surpassing revenue expectations with a 6% rise to $2.58 billion, fuelled by gains in its Dow Jones and Australian real estate sectors. QBA Insurance doubled its half-year profit, benefiting from higher premiums and robust investment returns, reflecting optimistic analyst sentiment across several sectors.


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CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

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