Paramount's Q3 Adjusted Earnings Rise, Revenue Falls

MT Newswires Live11-08

Paramount Global (PARA, PARAA) reported Q3 adjusted earnings Friday of $0.49 per diluted share, up from $0.30 a year earlier.

Analysts polled by Capital IQ expected $0.24.

Revenue for the quarter ended Sept. 30 was $6.73 billion, down from $7.13 billion a year earlier.

Analysts polled by Capital IQ expected $6.97 billion.

Price: 11.62, Change: +0.09, Percent Change: +0.78

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