August 7, 2018 / 11:11 AM / 11 days ago

Discovery quarterly revenue rises 63 pct

Aug 7 (Reuters) - Discovery Inc reported a 63 percent rise in quarterly revenue on Tuesday on higher advertising income across its networks.

Net income available to the company fell to $216 million, or 30 cents per share, in the second quarter ended June 30, from $374 million, or 64 cents per share, a year earlier.

Total revenue rose to $2.85 billion from $1.75 billion. (Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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