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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

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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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ACM Research

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In investing, finding the right stocks to buy can be a daunting task. But November 2023 offers a promising landscape for savvy investors.

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Earnings from S&P 500 companies are coming in much stronger than expected for the third quarter. But some of the beats are amazing.

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Bank of America gave the media stock a double downgrade on a lack of asset sales. The sell-off comes after the stock jumped last week on better-than-expected third-quarter profits.

Why Paramount Global Stock Was Falling Today

Paramount Global shares fell nearly 9% midway through the trading day after veteran media analyst Jessica Reif Ehrlich delivered a harsh verdict on the stock.

Paramount Stock Dives On Wall Street Downgrade, As Veteran Analyst Declares It “Hard To Buy” If Company Assets Are “Not For Sale”

Paramount's (PARA) third-quarter earnings reflect the strong adoption of Paramount+ and strength in Filmed Entertainment revenues.

Paramount (PARA) Q3 Earnings Beat on Streaming Service Strength

BofA Securities analyst Jessica Reif Ehrlich cuts her recommendation on shares of Paramount to Underperform from Buy.

Paramount Isn't Selling Assets. That's Why This Analyst Double-Downgraded the Stock.

Paramount Global Inc.'s stock may have surged 27% over two sessions to close out last week, but it's still down some 40% since the start of May.

Paramount's stock is down 40% since early May, and BofA says it has further to fall

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Paramount is one of the largest content producers in the US, with a strong presence in broadcast and cable TV, film, and streaming distribution channels. The company's scale allows it to invest in high-budget, high-quality content that appeals to viewers across all distribution channels. Paramount's content will increasingly be distributed through Direct-To-Consumer platforms, compensating for the decline in linear distribution and making it a desirable streaming platform.

Paramount: One Big Content Factory

Paramount crushed earnings expectations in Q3. A stricter approach to spending on streaming growth helped power the beat.

Why Paramount Stock Is Soaring Today

Paramount Global's (PARA) third-quarter results reflect a steady viewership for its streaming services, boosted by the strong adoption of Paramount+, offset by lower advertising revenues.

Paramount Global (PARA) Q3 Earnings Fall Y/Y, Revenues Miss

Football fans watching games on CBS and a jump in streaming subscribers helped Paramount Global (PARA) post better-than expected results, and shares skyrocketed over 11% in early trading Friday.

Paramount Shares Surge as Profit and Sales Rise on NFL Viewership, Streaming Additions

Paramount Global shares surged 10% on Friday, after the media company narrowed the 2023 loss forecast for its fast-growing streaming business as investments peaked a year ahead of target.

Paramount narrows streaming loss forecast as investments peak

The key risk for the short thesis has always been DTC profitability. But bulls have probably been too focused on the SOTP thesis as well. If Paramount continues to execute well, the upside could be far larger than expected.

Paramount: Surprise! It's A Bargain

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Paramount Global posted higher revenue and profit, as well as improving results for its streaming business.

Paramount Global stock jumps for second straight day

Paramount Global (NASDAQ:PARA ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Jaime Morris - EVP, IR Bob Bakish - President and CEO Naveen Chopra - CFO Conference Call Participants Michael Morris - Guggenheim Ben Swinburne - Morgan Stanley Jessica Reif Ehrlich - Bank of America Rich Greenfield - LightShed Partners Brett Feldman - Goldman Sachs Phil Cusick - JPMorgan John Hodulik - UBS Bryan Kraft - Deutsche Bank Operator Good afternoon. My name is Nadia, and I'll be the conference operator today.

Paramount Global (PARA) Q3 2023 Earnings Call Transcript

The headline numbers for Paramount Global-B (PARA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paramount Global-B (PARA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Paramount CEO Bob Bakish has long touted “hard bundles,” the hybrid carriage agreements found in Europe and other international markets that weave streaming into conventional pay-TV packages.

“Hard-Bundle” Carriage Deals Resembling The Recent Charter-Disney Pact Appear To Be In Paramount's U.S. Future, CEO Bob Bakish Says

Paramount+ adds 2.7 million subscribers and streaming losses fall from $343 million to $238 million, with total revenue up 38%. 'Yellowstone' returning next year.

Paramount Outpaces Expectations, Adding Subscribers And Narrowing Streaming Losses

The actors are still on strike and it's still costing Paramount. The CBS, MTV and Nickelodeon owner revealed that the strikes have cost $60M over the last three months.

Strikes Cost Paramount $60M In Latest Quarter As CEO Bob Bakish Hopes Actors Walkout Ends Soon

The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.

Paramount stock soars 12% after strong earnings report, adding to blockbuster day

Shares of Paramount Global PARA, +10.37% jumped 9.5% after hours on Thursday after the film, entertainment and streaming giant reported third-quarter results that beat expectations. The company reported adjusted earnings per share of 30 cents, down from 39 cents a year ago but above FactSet estimates for 11 cents.

Shares of Paramount Global jump after results beat expectations

Paramount Global beat Wall Street analysts' estimates in the third quarter, riding growth from Paramount+, which added 2.7 million subscribers in the quarter to hit 63 million globally. Total revenue came in at $7.13 billion, up 3% from the year-ago period, while adjusted earnings per share 21% to 36 cents.

Paramount+ Hits 63M Subscribers As Parent Company Overcomes TV Weakness To Top Q3 Estimates

Media company Paramount Global beat third-quarter revenue and profit estimates on Thursday and said costs at its streaming division have peaked, sending its shares surging 10% in extended trading.

News for Paramount Global Stock (PARA)