Time Warner (TWX) Tops Q3 EPS by 23c
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Time Warner Inc. Reports Third-Quarter 2017 Results
October 26, 2017 8:00 AM EDTThird-Quarter Highlights
Revenues increased 6% to $7.6 billion Home Box Office grew Subscription revenues 12%, its highest quarterly growth in 13 years Operating Income grew 11% to $2.2 billion and Adjusted Operating Income grew 13% to $2.3 billion Warner Bros. posted record third-quarter Operating Income and Adjusted Operating Income EPS of $1.73 and Adjusted EPS of $1.82 Cash Provided by Operations from Continuing Operations and Free Cash Flow totaled $4.0 billion and $3.6 billion, respectively, through the third quarter, up 12% and 8%, respectively... More