Viacom (VIAB) Tops Q1 EPS by 9c

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Viacom Reports Strong First Quarter Results

February 5, 2019 7:00 AM EST

Delivered Growth Across Key Financial Metrics, with Increase in Consolidated Revenues Driven by Filmed Entertainment and Worldwide Affiliate Gains Media Networks Grew Domestic Affiliate Revenues 5%, Marking Second Straight Quarter of Year-over-Year Growth; Advanced Marketing Solutions Drove Sequential Improvement in Domestic Advertising Revenues Paramount Produced Double-Digit Growth in Filmed Entertainment Revenues; Improved Year-over-Year Adjusted Operating Results for Eighth Straight Quarter Agreed to Acquire Leading U.S. Free Streaming Television Platform Pluto TV to Advance Viacoms Strategic Priorities and Accelerate its... More