Scripps Networks (SNI) Tops Q2 EPS by 8c
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Scripps Networks Interactive reports second quarter 2016 financial results
August 9, 2016 6:58 AM EDTSecond quarter 2016 financial highlights:
Consolidated operating revenues of $892.8 million, a 21.9% increase;U.S. Networks advertising revenue of $541.0 million, an 8.9% increase;Consolidated operating income of $372.9 million, a 12.3% increase; andAdjusted segment profit(1) of $419.3 million, a 13.9% increase.KNOXVILLE, Tenn., Aug. 09, 2016 (GLOBE NEWSWIRE) -- Scripps Networks Interactive, Inc. (Nasdaq: SNI) today reported second quarter 2016 operating results.
Consolidated operating revenues increased 21.9% during the second quarter of 2016. Consolidated operating income grew 12.3%, and consolidated adjusted segment profit(1) was up 13.9% compared with the prior-year period. The U.S.... More
