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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

Earnings data Q2 2024

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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Embattled CBS News co-president Neeraj Khemlani, whose two-year cost-cutting reign was marked by clashes with high-profile anchors and HR complaints, is leaving the network.

CBS News chief Neeraj Khemlani stepping down after tumultuous 2-year reign

The president of CBS News, Neeraj Khemlani, stepped down on Sunday after two years on the job, the New York Times reported.

CBS News president Khemlani steps down - New York Times

CBS is shaking up the leadership ranks of its news and local station group

Head of CBS News, Neeraj Khemlani, Stepping Away From His Role

Neeraj Khemlani, the president and co-head of CBS News and Stations, is stepping down from his role, according to a Sunday report from Variety. Khemlani told employees in a memo on Sunday he is leaving his current position for a new “multi-year first-look” deal at CBS, the report said. It is not immediately clear who will succeed Khemlani.

CBS News chief Neeraj Khemlani reportedly stepping down

Embattled CBS News co-president Neeraj Khemlanj has been telling people he's been pushed out after a tumultuous two-year reign, The Post has learned.

CBS News president Neeraj Khemlani tells confidants he's out: sources

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When it comes to corporate earnings, good isn't good enough. What matters is making more than expected — some S&P 500 just pulled it off.

10 S&P 500 Stocks Completely Crushed This Earnings Season

Comcast

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By now, you've likely heard about ongoing strikes affecting entertainment stocks. After actors joined the writer picket lines, most entertainment stocks fell sharply.

Trouble in Tinseltown: 3 Entertainment Stocks to Sell Before the Curtain Falls

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

Paramount Global (PARA) Q2 Earnings Fall Y/Y, Revenues Beat

The sale comes after Paramount failed to sell the book publishing giant to Penguin Random House. Iconic American publishing company Simon & Schuster has a new owner.

Paramount Global sells Simon & Schuster to private equity firm KKR. Here's what to know

Paramount Global (NASDAQ:PARA) is considering working with other media rivals to offer customers bundles for streaming services, chief executive officer Bob Bakish said, having experienced similar benefits from offering its streaming service at a discount when purchased with Showtime.   Bakish noted the enduring value of bundling as a method for enhancing customer value and confirmed its integration into the company's streaming strategy, having previously used a similar strategy grouping together paid-TV operators for cable customers.

Paramount willing to join forces with other streaming rivals

Disney

Paramount grew subscription revenue in its streaming segment by 47% in the quarter, driving a beat in total revenue.

Paramount Stock Jumps on Streaming Progress. The Pressure's Now on Disney.

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Lucid Group

Paramount Global shares PARA, +2.94% rose 4% as the media company's adjusted earnings beat expectations and as it agreed to sell Simon & Schuster for $1.6 billion to KKR.

Beyond Meat stock skids as revenue slumps, Paramount Global shares rise, and other stocks on the move

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In July, we received a dividend income total of $1,421.13. The $200 dividend from Canada Imperial was reinvested and acquired almost 5 more shares, adding more income. July was probably one of the lowest number of stocks increasing their dividend for me.

Dividend Income Summary: Lanny's July 2023 Summary

Paramount said that it added 700,000 subscribers to Paramount+ in Q2 2023 after the company launched a subscription tier with Showtime integration in June. This addition meant Paramount+ subscriber count now stands at around 61 million — up from the 60 million reported last quarter.

Paramount+ tops 61 million subscribers after Showtime merger

Paramount Global (NASDAQ:PARA ) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Kristin Southey - Investor Relations Bob Bakish - President and Chief Executive Officer Naveen Chopra - Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Securities Michael Morris - Guggenheim Ben Swinburne - Morgan Stanley Rich Greenfield - LightShed Partners Brett Feldman - Goldman Sachs Robert Fishman - MoffettNathanson Bryan Kraft - Deutsche Bank Operator Good afternoon. My name is Nadia and I'll be the conference operator today.

Paramount Global (PARA) Q2 2023 Earnings Call Transcript

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

Compared to Estimates, Paramount Global-B (PARA) Q2 Earnings: A Look at Key Metrics

Palantir Technologies

Skyworks Solutions

The Dow climbed back +408 points on the day, +1.16%, while the Nasdaq gained +84 points, +0.61%.

Indices Fight Back; PLTR Meets, SWKS and PARA Beat

News Corp

NEW YORK — Simon & Schuster has been sold to the private equity firm KKR KKR, +2.69%, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market.

Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Paramount Global-B (PARA) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.64 per share a year ago.

Paramount Global-B (PARA) Q2 Earnings and Revenues Top Estimates

Paramount Global CEO Bob Bakish isn't ruling out the possibility of the company teaming with other players in the media space to create a more viable streaming bundle. “We've been believers in bundling for a long time,” the exec said on the company's second-quarter earnings call.

Paramount CEO Bob Bakish Says Streaming Bundling Will Increase, Possibly With Third Parties; Cites Evidence That Paramount+ Combo With Showtime Boosted Viewing

Paramount Global (NASDAQ:PARA) shares added 1.7% after the bell Monday thanks to second-quarter new subscriber numbers and a narrowing direct-to-consumer loss, The company posted revenue of $7.6 billion, down from $7.78 billion a year earlier but topping expectations of $7.43 billion. Its loss came out to $0.59 per share, compared to a gain of $0.64 per share in the year-ago period and well below expectations of a $0.01 loss.

The Afterhours: Paramount, Palantir, Lucid all impress

Second quarter earnings show Paramount+ adds another 1 million subscribers and narrower streaming losses. But tough comparisons to lost year yield box offices declines.

Ups And Downs At Paramount: Streaming Grows, Box Office Lows

Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.

After trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion

Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying it

Simon & Schuster sold to private equity firm KKR for $1.62bn

Bob Bakish, CEO of Paramount Global, has found himself on his second earnings call discuss a strike in Hollywood. “I'd like to take a moment to address the issue that is top of mind for all of us. The ongoing writers and actor strikes.

Paramount CEO Bob Bakish Says “We Remain Hopeful For A Timely Resolution” To Writers & Actors Strikes

News for Paramount Global Stock (PARA)