CEO David Zaslav’s globalization efforts paid off in Q2 as Discovery Communication’s overseas operations helped to cover for weaknesses in the U.S. businesses. The company reported net income of $379M, +26.3% vs the period last year, on revenues of $1.61B, +9.8%. The top line was a hair above the $1.60B in the Street’s consensus estimate. Earnings at $1.09 a share were well above forecasts for 95 cents.
sourse Deadline.com http://ift.tt/1oPKGTV
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