Discovery Communications (DISCA) Misses Q2 EPS by 5c

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Go back to Discovery Communications (DISCA) Misses Q2 EPS by 5c

Discovery Communications Reports Second Quarter 2017 Results

July 31, 2017 6:51 AM EDT

SILVER SPRING, Md., July 31, 2017 /PRNewswire/ -- Discovery Communications, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the second quarter ended June 30, 2017.

Second Quarter Results

Second quarter revenues of $1,745 million increased 2% compared to the prior year, as 2% growth at U.S. Networks and 3% growth at International Networks were partially offset by a 4% decline at Education and Other.  Adjusted Operating Income Before Depreciation and Amortization ("OIBDA")(1) increased 2% to $717 million, as 4% growth at U.S. Networks was partially offset by a 4% decline at International Networks.  Excluding currency effects, second quarter total... More