ViacomCBS (VIAC) Tops Q2 EPS by 34c, Revenues Beat

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Go back to ViacomCBS (VIAC) Tops Q2 EPS by 34c, Revenues Beat

ViacomCBS Reports Q2 2020 Earnings Results

August 6, 2020 7:00 AM EDT

Achieved Second Consecutive Quarter of Sequential Improvement in Operating Income, Adjusted OIBDA, Operating Cash Flow and Free Cash Flow, Demonstrating Financial Momentum and Commitment to Shareholder Value Executed Significant Distribution Deals, Highlighting Progress in Unlocking Value-Creation Opportunities Across Combined Asset Base Delivered Robust Growth in Streaming, with Record Revenue, Subscribers, MAUs and Consumption Across Free and Pay Services, Accelerating Adoption of Pluto TV Internationally and Significant Progress in Transforming CBS All Access into a Diversified Super Service Increased Target for Annualized Merger-Related Cost Synergies, while Simultaneously Managing Costs in... More