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Viacom's Second Quarter Earnings Jump 52 Percent

Published on August 5, 2010
by Beth Callaghan

Viacom reported a 52 percent increase in net income for the quarter ended June 30, attributing the jump to increased ad revenue and lower film and distribution expenses. Its net income was $420 million, or 69 cents per share, up from $277 million, or 46 cents per share, a year ago. This beat the 66-cent expectation of analysts on Wall Street.

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URL: http://allthingsd.com/20100805/viacoms-second-quarter-earnings-jump-52-percent/