ViacomCBS edges past quarterly revenue estimates -Breaking
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© Reuters. FILEPHOTO: ViacomCBS headquarters in New York is seen here, New York on December 5, 2019. REUTERS/Kate Munsch/File Photo(Reuters) – ViacomCBS Inc (NASDAQ:) Thursday’s better-than-expected quarterly revenues were helped by increased subscriber numbers to the fast-growing streaming platform and stronger advertising sales.
In the three-quarter ended September 30, revenue rose by 13%, to $6.61billion. Data from Refinitiv shows that analysts expected an average of $6.57 billion.
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