Discovery: 2Q Earnings Snapshot
ENGLEWOOD, Colo. (AP) _ Discovery Communications Inc. (DISCB) on Tuesday reported second-quarter net income of $947 million.
On a per-share basis, the Englewood, Colorado-based company said it had net income of $1.33. Earnings, adjusted for one-time gains and costs, were 98 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $2.89 billion in the period.
Discovery shares have risen 10% since the beginning of the year. The stock has risen 19% in the last 12 months.