Higher revenues lift Viacom's Q3 earnings, beat view
Higher revenues lift Viacom’s Q3 earnings, beat view
Media giant Viacom, Inc. (NASDAQ: VIAB, VIA) reported an increase in third-quarter earnings helped by a 4% growth in revenues. The bottom line and revenues exceeded analysts’ expectations, driving the company’s stock higher early Thursday.
Adjusted earnings from continuing operations rose to $1.20 per share from $.1.18 per share in the third quarter of 2018. Reported profit was $538 million or…
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