VIACA - ViacomCBS EPS in-line beats on revenue
ViacomCBS (NASDAQ:VIAC): Q3 Non-GAAP EPS of $0.76 in-line; GAAP EPS of $0.69 misses by $0.11. Revenue of $6.61B (+13.2% Y/Y) beats by $40M. Shares -0.2% PM. Press Release CEO comment: "ViacomCBS (VIAC) continued to show tremendous momentum across the business as we executed against our strategy. We added 4.3M global streaming subscribers, raising our total to nearly 47M, driven by the scaling of the diverse content offering on Paramount+. Looking forward, we're thrilled about the fresh array of content coming to Paramount+ in the next few months and can't wait to share it with our global audience. Our strategy is clearly working and we'll continue to use the power of global content, distribution and market expansion to drive scale."
For further details see:
ViacomCBS EPS in-line, beats on revenue