Scripps Networks (SNI) Tops Q1 EPS by 34c

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Scripps Networks Interactive reports first quarter 2017 operating results

May 4, 2017 6:58 AM EDT

First Quarter 2017 Financial Highlights:

Consolidated operating revenues of $855.1 million, an increase of 4.7%;Consolidated income from operations before income taxes of $351.0 million; andConsolidated adjusted segment profit(1) of $368.7 million.

KNOXVILLE, Tenn., May 04, 2017 (GLOBE NEWSWIRE) -- Scripps Networks Interactive, Inc. (Nasdaq: SNI) today reported first quarter 2017 operating results.

Consolidated operating revenues increased 4.7% to $855.1 million in the first quarter of 2017. Driving the growth was a 4.3% increase in advertising revenues demonstrating our networks effectiveness as advertising platforms; and a 4.5% increase in distribution revenues validating our networks as must haves for... More