Discovery: 2Q Earnings Snapshot
SILVER SPRING, Md. (AP) _ Discovery Communications Inc. (DISCK) on Tuesday reported second-quarter earnings of $947 million.
The Silver Spring, Maryland-based company said it had net income of $1.33 per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $2.89 billion in the period.
Discovery shares have climbed 17% since the beginning of the year. The stock has climbed 8% in the last 12 months.