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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Paramount Global

Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films, as well as the company's digital streaming services, CBS All Access and CBSN. The Cable Networks segment includes Showtime Networks, CBS Sports Network, and Smithsonian Networks. The Publishing segment manages Simon & Schuster's consumer book publishing business with imprints such as Simon & Schuster, Pocket Books, Scribner, and Atria Books. The Local Media segment handles CBS Television Stations and CBS Local Digital Media, with revenues generated primarily from advertising sales and retransmission fees. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Paramount Global excels in streaming investments and content performance

Paramount Global's focus on streaming investments and content performance drove success in 2022, with plans for further growth in 2023 and beyond.
Challenges include peak losses in the D2C segment and lower OIBDA in Filmed Entertainment, but opportunities lie in international expansion and pricing strategies.
The integration of Showtime with Paramount+ and upcoming franchise-oriented titles position Paramount for significant earnings growth and positive free cash flow in 2024.

Paramount Global excels in streaming with 60M subscribers and revenue growth

Paramount Global's Q1 2023 Earnings Call highlighted strong performance, strategic strengths in streaming investments and partnerships, challenges related to potential strikes and cost management, and opportunities for growth through maximizing shareholder value and revenue expansion in 2024.

Paramount Global excels in Q2, eyes streaming profitability by 2024

Paramount Global's Q2 earnings call reflects strong financial performance, strategic content focus, and a clear path to streaming profitability by 2024.
The company's strengths lie in high-quality content creation, diverse revenue streams, stable sports deals, and resilience in the face of potential disruptions.
Challenges include industry strikes impacting content production, balancing traditional business with streaming growth, and navigating the evolving digital ad market.
Opportunities for Paramount include capitalizing on the Big Ten expansion, driving streaming profitability, maximizing sports content impact, and accelerating digital ad revenue growth.

Paramount Global reports robust Q3 performance and optimistic streaming outlook

Paramount Global (PARA) showcased strong performance in Q3 with notable growth in streaming revenue and subscribers, emphasizing cost management and free cash flow.
The company's focus on expanding globally, partnerships with key players like Delta and Walmart+, and strategic content slate position it well for future growth.
While facing challenges in TV media advertising and potential password sharing issues, Paramount Global remains confident in achieving significant total company earnings growth in 2024.
Opportunities lie in bundling strategies, ARPU growth, and improving D2C profitability, indicating a positive outlook for Paramount Global's streaming business.

Paramount Global reports robust Q4 performance and eyes sustainable growth

Paramount Global's Q4 2023 performance reflects strong revenue, subscriber growth, and strategic focus on sustainable profitability and content impact.
While facing challenges in achieving domestic profitability for Paramount+ and managing content costs, the company is well-positioned for growth.
Opportunities lie in OIBDA growth, M&A exploration, and revenue diversification through bundling and licensing, signaling a promising outlook for Paramount Global.

Paramount Global excels in Q1 2024 with strong streaming growth

Paramount Global's Q1 2024 earnings call showcased robust financial performance, strategic focus on content, and strong growth in streaming subscribers and advertising revenue.
While facing challenges in reducing leverage and navigating a competitive market, Paramount Global's strengths in content assets, executive leadership, and industry experience position it well for future success.
With opportunities to capitalize on advertising growth, expand streaming services, and explore new partnerships, Paramount Global is poised to drive continued growth and innovation in the entertainment industry.

Paramount Global reports robust Q2 growth and eyes profitability

Paramount Global's Q2 performance reflects strong revenue growth and progress towards profitability for Paramount+.
The company's focus on cost-saving measures, key content wins, and strategic partnerships positions them for future success.
Challenges lie in achieving profitability, navigating industry competition, and optimizing revenue streams, but opportunities abound in upcoming releases and revenue expansion.

Paramount Global excels in Q3 with DTC growth and content success

Paramount Global's Q3 performance reflects a solid foundation for growth, driven by strong DTC metrics, content success, and financial progress.
While facing challenges like profitability targets and market dynamics, the company's strategic strengths and opportunities position it well for future expansion.
Investors can be optimistic about Paramount Global's trajectory, supported by a mix of content-driven growth strategies and financial discipline to drive value creation.

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Yesterday, Berkshire Hathaway's quarterly stock holdings report revealed that the company trimmed its Paramount stake by 32%. Since the position is widely believed to be Warren Buffett's, the news will likely weigh on the stock.

Buffett's Berkshire Trims Paramount: Should You Sell, Too?

Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, offloaded about 30.4 million shares from its investment in Paramount Global.

Warren Buffett's Berkshire Hathaway dumps millions of Paramount shares

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Warren Buffett upped Berkshire Hathaway's holdings in the oil patch and trimmed its Apple stake, among other moves in Q4.

3 Stocks Warren Buffett Is Buying (and 7 He's Selling)

This year with more media mergers and acquisitions anticipated, one of the biggest questions is whether Paramount PARA PARA Global will be sold. There have been indications that Shari Redstone, a controlling shareholder via the family owned National Amusements Inc. holding company, is open to the possibility that the media company could be sold.

A Few Companies Are Interested In Acquiring Paramount Global

Helmerich & Payne

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) sold off about 10 million shares or nearly $2 billion of Apple (AAPL) stock in the final quarter of 2023, according to the firm's 13-F filing, among a number of changes to its portfolio.

Buffett's Berkshire Hathaway Trimmed Positions in HP, Apple, and Paramount Global in Q4

Paramount Global (NASDAQ:PARA) shares fell over 5.5% in pre-market trading on Thursday after it was revealed Warren Buffett had sold his stake in the company over the fourth quarter. Berkshire Hathaway Inc (NYSE:BRK.A), Buffett's investment company, reduced its stake in Paramount from 93.7 million shares to 63.3 million shares, around a US$400 million reduction.

Paramount Global shares tumble as Buffett cuts stake

American Express

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Warren Buffett, the celebrated investor and Chairman of Berkshire Hathaway (NYSE: BRKA, BRKB), made substantial changes to his extensive portfolio last quarter.

Here's Warren Buffett's updated portfolio

Shares of Paramount Global traded in the red after hours on Wednesday following the news that Warren Buffett's Berkshire Hathaway pared its holdings in the company.

Paramount Global shares fall 6% after Warren Buffett cuts stake

In the closing of the recent trading day, Paramount Global-B (PARA) stood at $13.19, denoting a +1.46% change from the preceding trading day.

Paramount Global-B (PARA) Laps the Stock Market: Here's Why

Berkshire Hathaway owned a 15% stake in Paramount, which has been exploring a possible sale, and the expectation is that he will soon dump his remaining position, a source told The Post.

Paramount shares plunge after Warren Buffett's Berkshire Hathaway cuts stake in media giant

Berkshire sold 10 million shares of Apple and now holds 905 million shares, or nearly half of the company's equity portfolio.

Berkshire Sells Apple, Paramount, HP Stock, Buys More Chevron

Among key moves, Buffett's Berkshire Hathaway bought Chevron in the fourth quarter, while reducing Apple and Paramount.

Warren Buffett Plays Stock Market Defense Again — Here Are His Top Q4 Moves

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The Nasdaq continues to lead the three major stock indices and is currently near its all-time high. In fact, year-to-date, the Nasdaq is up 5%.

Exit Now! 7 Nasdaq Stocks to Sell in February 2024.

The companywide layoffs at Paramount Global impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said today. CBS News did not comment on the cuts, with some of the names of those let go first reported by the New York Post.

CBS News Lays Off 20 Amid Paramount Global's Companywide Cuts

Disney

Paramount's positive Super Bowl streaming numbers. Contextualizing bad press.

Super Bowl Streaming, Disney Deep Dive And Why Numbers Don't Lie

Paramount Global (NASDAQ:PARA) is axing around 800 jobs or around 3% of its workforce as it sets its sights on returning to profit growth amid a wave of cost-cutting, reports revealed. It is expected to affect both workers based in the United States, who will be told on Tuesday, and those in international offices, according to a memo from chief executive officer Bob Bakish to employees.

Paramount Global cuts 800 jobs days after record Super Bowl

Paramount will focus its resources on its "most powerful, resonant franchises, films and series" and produce fewer local, international originals, CEO Bakish had said.

Paramount Global slashing 800 jobs amid takeover talks, record Super Bowl: report

Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority.

Paramount to Cut 800 Jobs Even as CEO Bakish Touts ‘Blockbuster' Super Bowl

Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce

Paramount cuts 800 staff two days after Super Bowl was biggest ever TV show

Paramount Global is reportedly cutting 800 jobs on the heels of a record audience of 123 million views for Super Bowl Sunday, according to an internal memo published by the The Hollywood Reporter

Paramount to cut 800 jobs even after Super Bowl broadcast notched record: report

Paramount Global said on Tuesday it is laying off about 800 employees, or roughly 3% of its workforce, CNBC reported, citing a person familiar with the matter.

Paramount Global to cut 800 jobs - CNBC

Paramount Global is opened in the red this morning after announcing plans of lowering its headcount by about 3.0%. The mass media company will lay off some 800 employees in total.

Paramount layoffs: 800 employees to lose jobs

Paramount Global has begun a planned round of layoffs, telling U.S.-based employees that those affected by the cutbacks will be notified by the end of Tuesday. An internal memo from CEO Bob Bakish (read it below) did not disclose numbers.

Paramount Global Layoffs Begin; CEO Bob Bakish Tells Departing Employees, “Your Talents Have Helped Us Advance Our Mission”

Paramount Global CEO Bob Bakish announced the company will lay off hundreds of employees Tuesday, just a day after CBS announced Super Bowl viewing records.

Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings

NEW YORK , Feb. 12, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA), alongside its brands, industry affiliates, and community partners, orchestrated a series of impactful events in Las Vegas leading up to this past Sunday's game to shine a light on important societal issues.  Through its Content for Change  (CFC) initiative, Paramount Global seeks to harness the power of content to combat bias and harmful stereotypes, transforming how the world sees people.

News for Paramount Global Stock (PARA)