The New York-headquartered cable television provider, in turmoil over attempts by its controlling Dolan family to take the business back into private hands, has reported a third quarter loss of $79.3 million (€54m; £37/7m), compared with a loss of $59.2m a year ago. Revenues rose 9.4% to $1.51bn, with operating income up 59% to $202.1m.
The media and entertainment conglomerate posted a fiscal fourth quarter rise in net profit of 12%, driven by growth at its ESPN cable channel, a rise in visitor numbers at its theme parks and increased sales of consumer products. Net income was $877 million (€596.8m; £417m) compared with $782m in the year ago period. Revenue grew to $8.93 billion from $8.65bn.
Data sourced from Financial Times Online and USA Today.com; additional content by WARC staff