US EditionPARAMOUNT GLOBAL REPORTS SECOND QUARTER 2025 EARNINGS RESULTS - Paramount Glb (NASDAQ:PARA), Paramount Glb (NASDAQ:PARAA)
NEW YORK, JUL 31 – Paramount Global detailed its Q2 2025 financial performance and hosted an investor call to discuss results and maintain transparency with stakeholders.
- Earlier this year, Paramount Global reported second-quarter results for June 30, 2025, with revenue of US$6.85-billion and net income of US$57 million.
- The U.S. government cleared the final hurdle last week for the US$8.4-billion sale of Paramount to Skydance, which will acquire National Amusements controlling 77.4% of Class A stock and 9.5% of equity.
- Paramount+ revenue grew 23% even as it lost 1.3 million subscribers to 77.7 million, according to the company.
- Paramount shares rose 0.2% to US$12.60; a conference call at 4:30 p.m. ET and an audio replay on July 31 at 7:30 p.m. ET will be available via access code 801358.
- Upon closing, shares will begin trading under the ticker PSKY on Nasdaq, with Redstone stepping down and McCarthy exiting, strengthening the company's streaming focus, Paramount said.
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PARAMOUNT GLOBAL REPORTS SECOND QUARTER 2025 EARNINGS RESULTS - Paramount Glb (NASDAQ:PARA), Paramount Glb (NASDAQ:PARAA)
NEW YORK, July 31, 2025 /PRNewswire/ -- Paramount Global (NASDAQ:PARA, PARAA)) today announced financial results for the second quarter ended June 30, 2025. ...Full story available on Benzinga.com
·New York, United States
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Leaning Left2Leaning Right0Center11Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
15%
C 85%
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