Viacom: Fiscal 4Q Earnings Snapshot

Viacom: Fiscal 4Q Earnings Snapshot

Associated Press
0

NEW YORK (AP) -- Viacom Inc. (VIA) on Friday reported fiscal fourth-quarter net income of $394 million.

On a per-share basis, the New York-based company said it had profit of 98 cents. Earnings, adjusted for one-time gains and costs, were 99 cents per share.

The owner of Nickelodeon, MTV, Comedy Central and Paramount Pictures posted revenue of $3.49 billion in the period.

For the year, the company reported profit of $1.72 billion, or $4.27 per share. Revenue was reported as $12.94 billion.

Viacom shares have increased almost 4 percent since the beginning of the year. The stock has increased 18 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VIA at https://www.zacks.com/ap/VIA

Advertisement

Recommended Stories