May 9 (Reuters) - Broadcaster Fox Corp (FOXA.O) beat estimates for third-quarter revenue and adjusted profit on Tuesday, as Chief Executive Lachlan Murdoch affirmed the company’s prime-time programming strategy following its recent $787.5 million settlement with Dominion Voting Systems and dismissal of star host Tucker Carlson.
Dominion had sued Fox for $1.6 billion over its coverage of debunked vote-rigging claims about the voting technology firm.
Total revenue rose 18% to $4.08 billion, inching past analysts' estimates of $4.03 billion, according to Refinitiv data.
Fox's ad revenue also surged 43% to $1.88 billion, well past the expectation of $1.67 billion.
The upbeat results from Fox underscore the cautious approach by advertisers who are mostly buying slots on dominant networks.