Scripps Networks (SNI) Tops Q1 EPS by 33c

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Scripps Networks Interactive Reports First Quarter 2016 Financial Results

May 5, 2016 6:47 AM EDT

Increases full-year adjusted segment profit guidance

First quarter 2016 financial highlights:

Consolidated revenues of $816.9 million, a 24.1% increase; U.S. Networks advertising revenue of $487.3 million, a 13.7% increase; Consolidated segment profit of $338.4 million, a 31.7% increase; Adjusted segment profit of $346.8 million, a 27.4% increase; Net income attributable to SNI of $290.9 million, a 134.9% increase; and Adjusted net income attributable to SNI of $1.37 per diluted share, an increase of 34.3%

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