SAN FRANCISCO, May 4 evening news, Time Warner today announced first quarter fiscal 2011 earnings . The report shows that Time Warner first quarter results exceeded Wall Street analysts expect revenue growth of 6% over last year , its cable TV network advertising sales department substantial growth year on year .
report, Time Warner first quarter net profit 651 million U.S. dollars , 59 cents per share , this performance is less than a year earlier. The first quarter of fiscal 2010 , Time Warner 725 million net profit , earnings per share of 62 cents. Excluding one-time items, Time Warner, the U.S. first-quarter adjusted earnings of 58 cents a share , exceeding analyst expectations. Time Warner 6.7 billion first-quarter revenue , up 6% over last year .
Time Warner in the first quarter results that exceeded analysts had expected. Thomson Reuters survey, analysts on average expected earnings per share of Time Warner in the first quarter of 56 cents a share , on revenue of $ 6,440,000,000 .
Time Warner decline in first quarter net profit , mainly due to the increase in programming costs, particularly CBS and Time Warner transactions and programs. However, the deal also played in the promotion of Time Warner Cable network ad sales, a substantial growth. Time Warner in the first quarter revenue growth was primarily due to strong growth in television advertising sales in the quarter Time Warner Cable network ad sales rose 48%.
Time Warner film division in the first quarter revenue of 2.6 billion , down 3% year on year ; publishing revenue of 798 million U.S. dollars , essentially flat with last year .
to Time Warner reaffirmed its previous expectations , that is, than the 2011 net profit growth in 2010, ( Tang Style )
> Related: Time Warner intends to Western New York headquarters to Manhattan on Time Warner and Viacom, Time Warner said iPad aware that certain applications have the right to broadcast television programs through the application iPad
report, Time Warner first quarter net profit 651 million U.S. dollars , 59 cents per share , this performance is less than a year earlier. The first quarter of fiscal 2010 , Time Warner 725 million net profit , earnings per share of 62 cents. Excluding one-time items, Time Warner, the U.S. first-quarter adjusted earnings of 58 cents a share , exceeding analyst expectations. Time Warner 6.7 billion first-quarter revenue , up 6% over last year .
Time Warner in the first quarter results that exceeded analysts had expected. Thomson Reuters survey, analysts on average expected earnings per share of Time Warner in the first quarter of 56 cents a share , on revenue of $ 6,440,000,000 .
Time Warner decline in first quarter net profit , mainly due to the increase in programming costs, particularly CBS and Time Warner transactions and programs. However, the deal also played in the promotion of Time Warner Cable network ad sales, a substantial growth. Time Warner in the first quarter revenue growth was primarily due to strong growth in television advertising sales in the quarter Time Warner Cable network ad sales rose 48%.
Time Warner film division in the first quarter revenue of 2.6 billion , down 3% year on year ; publishing revenue of 798 million U.S. dollars , essentially flat with last year .
to Time Warner reaffirmed its previous expectations , that is, than the 2011 net profit growth in 2010, ( Tang Style )
> Related: Time Warner intends to Western New York headquarters to Manhattan on Time Warner and Viacom, Time Warner said iPad aware that certain applications have the right to broadcast television programs through the application iPad
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