Australia covid-19 reports Latin Australia

ViacomCBS Reports Q4 Results Above Forecasts As Curtain-Raiser To Streaming Showcase

Reading now: 202
deadline.com

ViacomCBS topped Wall Street analysts’ expectations for its fourth-quarter results, reporting diluted earnings per share of $1.04 and total revenue of just shy of $6.9 billion.The consensus forecast by analysts was for earnings of $1.01 and revenue of $1.9 billion.

Both metrics represented modest gains from the comparable quarter in 2019, reflecting an arduous struggle through Covid-19, which has buffeted sports, advertising and other businesses.The results were released just before the start of a multi-hour presentation to investors and press showcasing the rebranded streaming service Paramount+, which was launched in 2015 as CBS All Access.

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA