EARNINGS RESULTS
? Drove Robust Global Streaming Revenue Growth, up 65% Year-Over-Year, Fueled by Strong Increases in Users
and Product Monetization
? Added 6M Global Streaming Subscribers to Reach 36M Total Streaming Subscribers in the Quarter, and
Increased Global Pluto TV MAUs by 6M to Reach Nearly 50M Global MAUs
? Delivered 69% Year-Over-Year Growth in Streaming Subscription Revenue, Driven by the Significant
Momentum of Paramount+
? Generated 62% Year-Over-Year Growth in Streaming Advertising Revenue, Reflecting the Continued
Domestic Growth and International Expansion of Pluto TV
? Increased Advertising Revenue 21% Year-Over-Year and Affiliate Revenue 5% Year-Over-Year, Both Exclude
Streaming Revenue
? Achieved Strong Total Company Growth in Revenue, Operating Income, Adjusted OIBDA, as well as Reported
and Adjusted Diluted Earnings Per Shar
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
Recent PARA News
- Paramount’s Shares Surge Following Sony and Apollo’s Joint Bid; ISS Backs Berkshire Hathaway Director Re-election, and More • IH Market News • 04/19/2024 11:31:22 AM
- Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News • IH Market News • 04/15/2024 11:06:48 AM
- Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News • IH Market News • 04/12/2024 11:05:29 AM
- Costco Increases Dividend by 14%, Meta Introduces ‘Artemis’ AI Chip, and More News • IH Market News • 04/11/2024 11:24:54 AM
- Paramount Global Declares Quarterly Cash Dividend • PR Newswire (US) • 04/10/2024 08:15:00 PM
- Paramount Global to Report First Quarter Financial Results on April 29, 2024 • PR Newswire (US) • 04/09/2024 08:15:00 PM
- Shopsense AI Launches Retail Media Platform for Broadcasters • Business Wire • 04/05/2024 12:00:00 PM
- Exxon Mobil Forecasts Earnings Decline, Twilio Seeks Board Tenure Changes, and More News • IH Market News • 04/04/2024 11:30:20 AM
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- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
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- Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates • IH Market News • 03/21/2024 11:17:26 AM
- PARAMOUNT+ ANNOUNCES LAUNCH TIMING AND PRICING FOR INTERNATIONAL ADVERTISING-SUPPORTED & PREMIUM SUBSCRIPTION PLANS • PR Newswire (Canada) • 03/19/2024 01:05:00 PM
- Paramount Global's Chief Financial Officer Naveen Chopra to Participate in the 2024 Morgan Stanley Technology, Media & Telecom Conference • PR Newswire (US) • 02/29/2024 09:15:00 PM
- Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More • IH Market News • 02/29/2024 11:09:45 AM
- Paramount Global Reports Fourth Quarter and Full Year 2023 Earnings Results • PR Newswire (US) • 02/28/2024 09:00:00 PM
- Paramount Global Declares Quarterly Cash Dividends • PR Newswire (US) • 02/22/2024 09:30:00 PM
- Cisco Systems Stock Drops 5% Following Restructuring Plan, Berkshire Trims Apple Stake, and Latest News • IH Market News • 02/15/2024 11:34:25 AM
- Paramount's Content for Change Delivers Impactful Initiatives in Las Vegas • PR Newswire (US) • 02/13/2024 02:02:00 AM
- PARAMOUNT PICTURES ANNOUNCES RENEWAL OF MULTI-YEAR FIRST LOOK DEAL WITH RYAN REYNOLDS' PRODUCTION COMPANY MAXIMUM EFFORT • PR Newswire (US) • 02/08/2024 05:45:00 PM
- OTOY Launches Groundbreaking Multi-Hour Star Trek Spatial Experience for the Apple Vision Pro, in Partnership with Paramount Game Studios and Roddenberry Entertainment • PR Newswire (US) • 02/02/2024 06:22:00 PM
- NICKELODEON AND CBS SPORTS REVEAL DETAILS FOR SLIME-FILLED SUPER BOWL LVIII ALTERNATE TELECAST • PR Newswire (US) • 02/01/2024 05:23:00 PM
- Walmart’s Stock Split, Elon Musk’s Billion-Dollar Package Revoked, and More • IH Market News • 01/31/2024 11:28:17 AM
- Wall Street Highlights: Intel’s Disappointing Quarterly Forecast, PayPal’s New AI Solutions for Merchants, and More • IH Market News • 01/26/2024 01:45:22 PM
- Wall Street Highlights: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More • IH Market News • 01/25/2024 11:25:22 AM
VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • VPRB • Apr 19, 2024 11:24 AM
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM