JPMorgan analyst David Karnovsky cut Paramount Global’s (NASDAQ:PARA) price target from $11 to $10 on May 21 and maintained ...

Paramount Global said its direct-to-consumer streaming business was "on track" to reach domestic profitability in 2025.

yet layoffs are looming amid billions in losses for the media giant. Paramount's Q2 2024 financial report revealed that Paramount+'s revenue grew by 46% year over year. A specific breakdown of the ...

Chief financial officer Naveen Chopra ... for the film will result in an operating loss for the segment. The latest quarterly results come as Paramount’s pending $8 billion merger with Skydance ...

Additionally, the definition of Consolidated EBITDA has been revised to incorporate an add-back for cash items related to restructuring, litigation reserves, and losses on business disposals.

The reaffirmation follows Paramount Group’s announcement ... InvestingPro data reveals the company’s financial challenges, with a net loss of $66.18 million in the last twelve months, though ...

Shares of Paramount Global Cl B PARA shed 1.65% to $10.76 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.36% to 5,158.20 ...