Discovery's revenue rises 6.1 percent

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Fri, 03 Nov 2017 - 08:16 GMT

The Discovery Communications logo is seen at their office in Manhattan, New York, U.S., August 1, 2016 -
 REUTERS/Andrew Kelly

The Discovery Communications logo is seen at their office in Manhattan, New York, U.S., August 1, 2016 - REUTERS/Andrew Kelly

3 November 2017: Discovery Communications Inc, the owner of the Discovery Channel and Animal Planet, reported a 6.1 percent increase in quarterly revenue on Thursday, helped by higher advertising income from its U.S. networks.

Net income available to the company fell to $218 million or 38 cents per share in the third quarter ended Sept. 30, from $219 million or 36 cents per share, a year earlier.

Revenue rose to $1.66 billion from $1.56 billion.

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