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Paramount: posts loss in Q4
(CercleFinance.com) - Paramount Global reported an adjusted loss from continuing operations of $0.
11 for Q4 2024, compared with EPS of $0.04 a year earlier, with adjusted OIBDA down 22% to $406m. NB: pmt -1.4%. However, the parent company of CBS, Paramont Pictures and nickelodeon, amongst others, posted revenues that rose 5% to $7.98bn, with growth in direct-to-consumer (+8%) and film studios (+67%) offsetting a 4% decline in television media. In its DTC activities, the group highlights the dynamism of its Paramount+ streaming platform, which reached 77.5 million subscribers, and in its film studios, the jump in revenues reflects the success in theatres of 'Sonic 3' and 'Gladiator II'. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
23/05/2025 17:40
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