Discovery Communications (DISCA) Tops Q1 EPS by 5c
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Discovery Communications Reports First Quarter 2016 Results
May 5, 2016 7:02 AM EDTSILVER SPRING, Md., May 5, 2016 /PRNewswire/ --Â
First Quarter 2016 Financial Highlights:Â Â Â Â
Revenues increased 2% to $1,561 million (increased 5% excluding currency effects) Adjusted OIBDA increased 2% to $577 million (increased 7% excluding currency effects) Adjusted EPS increased 10% to $0.46 (increased 18% excluding currency effects) Repurchased $373 million of stockDiscovery Communications, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the first quarter ended March 31,... More
