Discovery Posts Strong Third-Quarter Financials

Discovery Communications on Tuesday reported third-quarter net gain rose 27 percent to $237 million on revenue which was up 18 percent to $1.1 billion, brought by 19 percent growth at both its U.S. and Worldwide television systems. STORY: Discovery Sets Five-Hour Docu-Series 'How We Invented the planet' (Exclusive) The income report, launched following the closing bell, impressed traders, who bid shares 2 percent greater within the after-hrs session. Throughout regular buying and selling, the stock sunk 3 % to $42.27. STORY: Former 'Jon & Kate Plus 8' Editor Arrested on Child Porn-Related Charges (Report) "The benefit of our programming permitted us to carry on to make use of the sustained health from the global ad market and additional leverage existing and emerging distribution platforms worldwide," stated Discovery Boss David Zaslav. Removing Discovery Health that made method for the The famous host oprah Winfrey OWN partnership were a continue results, towards the tune of roughly $19 million. Related Subjects The famous host oprah Winfrey Discovery Communications