Scripps Networks Interactive Inc. reported Thursday a first quarter profit of $115 million, or 73 cents per diluted share, compared to net income of $101 million, or 59 cents per share a year ago.
Revenues for the quarter increased 11 percent to $535 million.
The news boosted Scripps shares to a new 52-week high, up more than 5 percent to $53.38 in morning trading.
The Knoxville-based lifestyle media company easily beat analyst expectations on both the top and bottom lines. Analysts expected a dip in revenue and earnings of about 60 cents per share.
