- Discovery Communications (DISCA) came in slightly short of analyst estimates on revenue for Q4 as some networks lost traction during the quarter.
- Revenue from Discovery's U.S. Networks segment was up 5% to $740M. The international segment saw a 64% revenue jump to $758M.
- The company says rating trends this year look favorable and should lead to a reacceleration of advertising revenue.
- A $1.5B increase in Discovery's existing stock repurchase program takes the total authorization to $5.5B.
- DISCA -1.3% premarket
Discovery Communications slips after revenue disappoints
Feb 13 2014, 08:03 ET