Discovery, Inc. Reports Third Quarter 2019 Results
Discovery, Inc. - Series A (DISCA)
Last discovery, inc. - series a earnings: 2/27 07:00 am
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Source: PR Newswire
SILVER SPRING, Md., Nov. 7, 2019 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter ended September 30, 2019.David Zaslav, President and Chief Executive Officer of Discovery said, "Discovery once again delivered strong financial results across our portfolio, generating healthy revenue growth in the U.S. and internationally, and significant operational efficiencies from our ongoing transformation efforts. We also made progress in the buildout of our digital ecosystems that leverage our owned programming and brand strength. With a solid financial profile and strong balance sheet, we are able to invest meaningfully in our business and create additional value for shareholders."Third Quarter 2019 Financial HighlightsTotal Company revenues increased 3% to $2,678 million or increased 5% ex-FX(1). U.S. advertising revenues increased 3% and distribution increased 6%; and International advertisin
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