Time Warner, which is in the process of being bought by AT&T, reported a better-than-expected 11.6 percent jump in quarterly profit, helped by the success of its latest superhero movie "Wonder Woman".
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Revenue from its Warner Bros unit, which includes the movie business, rose 12.4 percent to $2.99 billion, topping analysts' average estimate of $2.90 billion, according to data and analytics firm FactSet.
"Wonder Woman", featuring Israeli actress Gal Gadot, grossed about $800 million worldwide through July 31, the company said on Wednesday.
Spurred by the smashing box-office success of the movie, Warner Bros recently announced a December 2019 date for a sequel.
Revenue from Home Box Office (HBO), known for hit fantasy show "Game of Thrones", rose slightly to $1.48 billion. Analysts were expecting $1.51 billion, according to FactSet.
Net income attributable to Time Warner's shareholders rose to $1.06 billion, or $1.34 per share, in the second quarter ended June 30, from $952 million, or $1.20 per share, a year earlier.
Excluding items, the company earned $1.33 per share.
Revenue rose 5.4 percent to $7.33 billion.
Analysts on average were expecting a profit of $1.19 per share and revenue of $7.3 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Rishika Sadam in Bengaluru; Editing by Shounak Dasgupta and Saumyadeb Chakrabarty)