ViacomCBS edges past quarterly revenue estimates

Paramount Global

04/11/2021 11:03

Nov 4 (Reuters) - ViacomCBS Inc  VIAC.O   VIACA.O  on
Thursday posted better-than-expected quarterly revenue, helped
by more subscriber additions to its fast-growing streaming
platforms and strong advertising sales.
    Revenue rose 13% to $6.61 billion in the third quarter ended
Sept. 30. Analysts on average had expected $6.57 billion,
according to Refinitiv data.  urn:newsml:reuters.com:*:nPn5yzfgDa

 (Reporting by Eva Mathews in Bengaluru and Helen Coster in New
York; Editing by Shailesh Kuber)
 ((Eva.Mathews@thomsonreuters.com;))