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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 411. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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…
Источник: Variety - 🏆 108. / 63 Прочитайте больше »

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…
Источник: Variety - 🏆 108. / 63 Прочитайте больше »

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…
Источник: DEADLINE - 🏆 109. / 63 Прочитайте больше »

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.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »