ViacomCBS (VIAC) Misses Q4 EPS, Revs; Increasing Annualized Run-Rate Cost Synergy Target to $750M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/2/2026

1. CRWD
2. REGN
3. LITE
4. AAPL
5. ABBV
6. MRVL
7. CL
8. LYB
9. TFII
10. RXRX

Go back to ViacomCBS (VIAC) Misses Q4 EPS, Revs; Increasing Annualized Run-Rate Cost Synergy Target to $750M

ViacomCBS Reports Q4 and Full Year 2019 Results; Provides Strategic Update

February 20, 2020 7:00 AM EST

Full Year Revenue Increased 2%, Driven by Growth in Advertising, Affiliate and Content Licensing; Operating Income, Net Earnings and Diluted EPS Impacted by Q4 Transitional Q4 Included Merger-Related Expenses, As Well As Operating Items Expected to be Mitigated Through Benefits of the Combined Company Moving Quickly on Integration: Consolidated Teams in Place; Increasing Annualized Run-Rate Cost Synergy Target to $750M from $500M Go-Forward Strategy Will Unlock Incremental Value from Content, Revenue Lines and Streaming Expanded Portfolio of Platforms Increases Content ROI, Monetization Opportunities Domestic Streaming and... More