Finance

Meet the millennial margin traders. By Dan Brunskill

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Sky ups revenue guidance for FY21

Staff reporters
Wed, 11 Nov 2020

Staff reporters
Wed, 11 Nov 2020
Sky Network Television has improved its guidance for FY21, citing growth in direct satellite customers and lower year-to-date annualised churn.The company now projects revenue for the 12 months to June 30 2021 at between $680 million and $710 million, up from a September estimate of between $660 and $700 million. The pay TV provider said cost cutting means earnings will also improve and are now expected to fall between $140 million and $155 million, up from earlier guidance of between $125 million and $140 million. Net profit after ta...

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Finance
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