Starz Q2 Profit Rises, Tops View - Quick Facts

(RTTNews) - Starz (STRZA, STRZB), a media and entertainment company, Thursday said its second-quarter net income attributable to stockholders increased to $70.1 million or $0.62 per share from $63.9 million or $0.52 per share in the previous year.

On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.50 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue declined to $410.1 million from $517.5 million a year earlier. Analysts estimated revenues of $442.84 million for the quarter.

Total costs and expenses were $305.3 million, down from $401.3 million in the preceding year.

The firm said it increased STARZ subscriptions by 200 thousand since June 30, 2013.