ViacomCBS (VIAC) Tops Q1 EPS by 30c
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ViacomCBS (NASDAQ: VIAC) reported Q1 EPS of $1.52, $0.30 better than the analyst estimate of $1.22. Revenue for the quarter came in at $7.41 billion versus the consensus estimate of $7.3 billion.
- added 6M Global Streaming Subscribers to Reach 36M Total Streaming Subscribers in the Quarter, and Increased Global Pluto TV MAUs by 6M to Reach Nearly 50M Global MAUs
- Delivered 69% Year-Over-Year Growth in Streaming Subscription Revenue, Driven by the Significant Momentum of Paramount+
- Generated 62% Year-Over-Year Growth in Streaming Advertising Revenue, Reflecting the Continued Domestic Growth and International Expansion of Pluto TV
For earnings history and earnings-related data on ViacomCBS (VIAC) click here.
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