THE RESULTS: Viacom Inc.'s fiscal third-quarter net income rose 20 percent. The company's adjusted profit fell a penny short of Wall Street expectations, but its revenue came in higher than expected.

THE RESULTS: Viacom Inc.'s fiscal third-quarter net income rose 20 percent. The company's adjusted profit fell a penny short of Wall Street expectations, but its revenue came in higher than expected.

RATINGS BOOST: The company said it reaped more in fees for its cable TV channels and advertising revenue got a boost from better ratings at key networks.

THE OUTLOOK: Executives said they expected a continued resurgence in ratings especially at the company's Nickelodeon children's network.