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TimeWarner Earnings Call, Second Quarter 2008
Author: Godwin Gwetu
123jump.com
Last Update: 4:52 AM ET August 22 2008


The media and entertainment company generated Q2 revenues of $11.6 billion, an increase of 5% compared with the same period in fiscal 2007. The growth in revenue was led by increases at the Filmed Entertainment, Cable and Networks segments. The quarterly net income was $792 million or 22 cents per share versus $1.1 billion or 28 cents per share in the prior year quarter. The company continues to anticipate its 2008 full year EPS from continuing operations will be in the range of $1.07 to $1.11.

 

 

 

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