Time Warner (TWX) Reaffirms 2018 Full-Year Business Outlook
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Time Warner Inc. Reaffirms 2018 Full-Year Business Outlook
April 26, 2018 8:01 AM EDTNEW YORK--(BUSINESS WIRE)-- Time Warner Inc. (NYSE: TWX) today reaffirmed its 2018 full-year business outlook. The Company continues to expect its 2018 full-year Adjusted Operating Income to increase in the high single-digits, based on current foreign exchange rates.
The outlook for 2018 Adjusted Operating Income does not include the impact of any future merger or unplanned restructuring and severance charges, the impact from future sales and acquisitions of operating assets or the impact of taxes on such items. These items may occur from time to time due to management decisions and changing business... More
Time Warner Inc. Reports First-Quarter 2018 Results
April 26, 2018 8:00 AM EDTFirst-Quarter Highlights
Revenues increased 3% to $8.0 billion Turners and Home Box Offices Subscription revenues increased 8% and 10%, respectively Operating Income and Adjusted Operating Income totaled $1.8 billion and $2.0 billion, respectively EPS increased 15% to $2.07 and Adjusted EPS increased 37% to $2.28 Cash Provided by Operations from Continuing Operations and Free Cash Flow totaled $1.3 billion and $1.2 billion, respectivelyNEW YORK--(BUSINESS WIRE)-- Time Warner Inc. (NYSE:... More
