UPDATE: Viacom (VIAB) Tops Q2 EPS by 10c

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Viacom Reports Results for March Quarter

April 30, 2015 6:55 AM EDT

Adjusted Diluted Earnings Per Share Rose 7% to $1.16 Revenues Totaled $3.1 Billion, Including Gains in Advertising and Affiliate Fees Previously Announced Strategic Realignment Results in $784 Million Charge; Annual Net Savings Expected to be Approximately $350 Million $1.8 Billion Returned to Shareholders through Dividends and Share Repurchases in First Half of Fiscal 2015

NEW YORK--(BUSINESS WIRE)-- Viacom Inc. (NASDAQ: VIAB, VIA) today reported financial results for the quarter ended March 31, 2015, including higher Media Networks revenues and a 7% increase in adjusted diluted... More