Earnings roundup

Several companies, including some that are based in Utah or have ties to the state, reported financial results on Thursday.

Viacom

Viacom Inc.'s earnings fell 36 percent in the first quarter, weighed down by higher marketing expenses for movies and a restructuring charge at its MTV group, the media company reported, but the results still beat analysts' estimates.

Viacom, which is controlled by media mogul Sumner Redstone and split up from CBS Corp. a year ago, earned $202.9 million, or 29 cents a share, in the three months ending March 31, down from $317.2 million, or 43 cents a share, a year earlier.

In addition to MTV, Viacom also owns Paramount Pictures, DreamWorks, VH1 and BET.

Revenues grew 16 percent to $2.75 billion.

Viacom's Class B non-voting shares fell 51 cents to $41.51 Thursday, close to the top of their 52-week range of $32.42 and $43. The shares are up 2.4 percent so far this year; CBS's shares are up 1.8 percent.

Raser Technologies

Provo-based Raser Technologies Inc. reported a net loss of $4.6 million, or 9 cents per share, for the quarter ended March 31. That compares with a loss of $3 million, or 6 cents per share, for the same quarter a year earlier.

Revenue totaled $123,763, up from $33,736 a year ago.

Raser is a technology licensing and development company operating in two business segments: transportation and industrial technology, and power systems.

Raser stock fell 11 cents, or 2 percent, Thursday to close at $5.38 per share. During the past year, the price has ranged from $3.11 to $16.80.

AIG

American International Group Inc., one of the world's largest insurers, said its profit rose more than 29 percent in the first quarter on strong growth in underwriting results and investment income.

AIG, which is based in New York, said net income was $4.13 billion, or $1.58 a share, in the January-March period, up from $3.2 billion, or $1.22 a share, a year earlier.

Excluding one-time items, profit was $4.4 billion, or $1.68 a share, up from $3.4 billion, or $1.29 a share, a year earlier.

Revenue was $30.65 billion, up 12 percent from $27.28 billion.