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Paramount Global Q2 Adjusted Earnings Rise, Revenue Falls
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Paramount Global Q2 Adjusted Earnings Rise, Revenue Falls
Aug 8, 2024 1:31 PM

04:08 PM EDT, 08/08/2024 (MT Newswires) -- Paramount Global ( PARAA ) reported Q2 adjusted diluted earnings Thursday of $0.54 per share, up from $0.10 a year earlier.

Analysts surveyed by Capital IQ expected normalized earnings of $0.13.

Revenue for the quarter ended June 30 was $6.81 billion, down from $7.62 billion.

Analysts surveyed by Capital IQ expected $7.24 billion.

Shares were up 1% in after-hours activity.

Price: 10.32, Change: +0.11, Percent Change: +1.08

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