Paramount+ Hits 63 Million Subscribers As Parent Company Tops Q3 Estimates

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Paramount Global beat Wall Street analysts’ estimates in the third quarter, thanks in large part to streaming flagship Paramount+, which added 2.7 million subscribers to hit 63 million global…

Paramount Global beat Wall Street analysts’ estimates in the third quarter, thanks in large part to streaming flagship Paramount+, which added 2.

7 million subscribers 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 grew 21% to 36 cents. Analysts’ consensus called

 

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Paramount+ Hits 63M Subscribers As Parent Company Tops Q3 EstimatesParamount 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…
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Paramount stock soars 12% after strong earnings report, adding to blockbuster dayThe media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.
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