Discovery Reports Strong 3Q EBITDA; Noncore Networks Continue to Bleed Subscribers
Discovery posted slightly better-than-expected third-quarter results as revenue came in line with consensus expectations and adjusted EBITDA beat Street projections. The integration of Scripps Networks appears to be moving faster than expected, as EBITDA margins expanded in the quarter despite continued investments in next-generation distribution platforms and new business. Despite the positive news about Scripps, the firm continues to lose subscribers with a 5% decline year over year, mostly at...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.