Paramount Hits Wall Street Q1 Targets, Though Streaming Subscriber Gains Fall Slightly Short Despite UFC

Paramount met most of Wall Street’s expectations in the first quarter, though subscriber gains at flagship streamer Paramount+ fell slightly short.

The company on Monday reported total revenue of $7.347 billion in the January-to-March period, slightly ahead of the consensus outlook by analysts for $7.28 billion. Earnings per share matched the estimate of 15 cents.

Related Stories

Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal