Time Warner quarterly profit rises 15.4 pct [Reuters]
TIME WARNER INC (TWX)
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Source: Reuters
Time Warner quarterly profit rises 15.4 percent | Reuters Reuters Staff 1 Min Read (Reuters) - Time Warner Inc ( TWX.N ), which is being bought by AT&T Inc ( T.N ), reported a 15.4 percent rise in quarterly profit on Thursday as its Home Box Office (HBO) and Turner channels added subscribers at a brisk pace. The company’s net income attributable to shareholders increased to $1.64 billion, or $2.07 per share, in the first quarter ended March 31, from $1.42 billion, or $1.80 per share, a year earlier. Revenue rose 3 percent to $8 billion. Reporting by Shariq Khan in Bengaluru; Editing by Sriraj Kalluvila All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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