ViacomCBS Swings to Loss in First Report After Merger

  • 📰 THR
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

ViacomCBS, in its first earnings report since the recombination of Viacom and CBS, swung to a loss, including deal-related and other charges. Management called the period a 'transitional' quarter. The stock fell sharply in pre-market trading.

, swung to a loss for its latest quarter, which included various deal-related and other charges, such as $468 million for restructuring and other matters, as well as $589 million in content-related writedowns.

The results fell short of Wall Street estimates. Quarterly revenue fell 3 percent to nearly $6.9 billion.Terminator: Dark Fate

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 411. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

ViacomCBS Swings to Loss in First Post-Merger ResultsViacomCBS reported a loss in the fourth quarter, its first as a new entity forged from the former Viacom Inc. and CBS Corp., showing that the merged company faces many of the same tough operating c…
Sumber: Variety - 🏆 108. / 63 Baca lebih lajut »

ViacomCBS Swings to Loss in First Post-Merger ResultsViacomCBS reported a loss in the fourth quarter, its first as a new entity forged from the former Viacom Inc. and CBS Corp., showing that the merged company faces many of the same tough operating c…
Sumber: Variety - 🏆 108. / 63 Baca lebih lajut »

United ViacomCBS Swung To 4Q Loss, Cites Merger CostsViacomCBS saw revenue dip and swung to red for the last three months of 2019, which CEO Bob Bakish called a “transitional” fourth quarter that is the first for the company since it merg…
Sumber: DEADLINE - 🏆 109. / 63 Baca lebih lajut »

Here's what you need to know in advertising and media this week - Business InsiderApple, Disney, Comcast, AT&T, and ViacomCBS are chasing new customers for their new services to challenge Netflix and keep up with viewing shifts.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »