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Paramount Skydance Stock Climbs After Q3 Report: Here's Why - Paramount Skydance (NASDAQ:PSKY)

Paramount Skydance reported a $6.7 billion revenue shortfall and quarterly losses per share, announcing 1,600 layoffs and $1 billion in expected merger savings.

Summary
Paramount Skydance Corp. (NASDAQ:PSKY) shares climbed Monday after the company released its third-quarter earnings report and said it expects an additional $1 billion in merger savings. Here's a look at the details in the report.  PSKY stock is moving. Watch the price action here. The Details: Paramount Skydance reported quarterly losses of 12 cents per share, which missed the analyst estimate for earnings of 34 cents. Quarterly revenue came in…

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Paramount Skydance, the Hollywood giant that emerged last August under the leadership of David Ellison, son of the co-founder of Oracle Larry Ellison, will abolish about 1,600 additional jobs in the framework of a strategic asset review, including divestment in Televisión Federal (Telefe) in Argentina, and in Chilevisión. La [...] La entrada Paramount Skydance will cut 1,600 additional jobs for divestments in Argentina and Chile aparece primero …

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Bloomberg broke the news in United States on Monday, November 10, 2025.
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