ViacomCBS Inc - Ordinary Shares - Class B

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Other Pre-Announcement

ViacomCBS Reports Qtrly Adjusted Earnings Per Share Of $0.91

Published: 11/06/2020 12:23 GMT
ViacomCBS (VIAC) - Viacomcbs Reports Q3 2020 Earnings Results.
Qtrly Adjusted Earnings per Share From Continuing Operations $0.91.
Qtrly Earnings per Share From Continuing Operations $0.99.
Qtrly Revenues $ 6,116 Million Versus $ 6,698 Million.
Q3 Earnings per Share View $0.72, Revenue View $5.92 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Advertising Revenue $2.19 Billion Versus $2.33 Billion.
Qtrly Domestic Streaming and Digital Video Revenue Increased to $636 Million, Up 56% Year-over-year.
On Track to Debut Paramount+ in Early 2021.
Qtrly Domestic Streaming Subscribers Reached 17.9 Million, Up 72% Year-over-year.
Qtrly Domestic Streaming Subscribers Reached 17.9m, Up 72% Year-over-year.
Cbs All Access and Showtime Ott Had Significant Growth in Sign-ups Both Sequentially and Year-over-year in Quarter.
Viacomcbs Will Bring Paramount+ to International Markets, Debuting in Australia, Latin America and Nordics in 2021.
Qtrly Revenue for Cable Networks $3.06 Billion Versus $3.28 Billion.
Qtrly Content Licensing Revenue Decreased 33% Year-over-year.
Qtrly Publishing Revenue Rose 29% Year-over-year.
Qtrly Tv Entertainment Revenue Declined 4% Year-over-year.