Thursday, August 4, 2016

Viacom Q3 Profit Down, But Results Beat Estimates

Viacom Inc. (VIAB, VIA) reported a profit for the third-quarter that declined 27 percent from the last year, while quarterly revenue increased about 2 percent. The results were impacted by the underperformance of Teenage Mutant Ninja Turtles: Out of the Shadows. Both adjusted earnings per share and revenue for the quarter beat analysts' expectations.

from RTT - Earnings http://ift.tt/2aES8i7
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