Paramount Global added 3.5 million new subscribers to broadband services like Paramount+ in its third quarter, but those gains failed to offset meaningful declines in its larger TV and film businesses.

Q3 2024 Earnings Call Transcript November 8, 2024 Paramount Global beats earnings expectations. Reported EPS is $0.49, expectations were $0.24. Operator: Good afternoon. My name is Nadia and I’ll be the conference operator today.

Paramount posted a second consecutive quarter of streaming profit, though it did not come without some pain. This article, Paramount adds 4 million streaming subscribers during Q3, was first published at The Desk.

The Paramount streamer saw revenue grow by 25% in the quarter. Paramount Global is next in line to report its earnings for the third quarter of 2024. The company held its traditional conference call to discuss the earnings report with analysts on Friday,

Paramount's direct to consumer division swung to a profit of $49 million during the third quarter of 2024 – its second quarterly profit in a row – after adding 3.5 million subscribers for a total of 72 million.