ViacomCBS beats estimates for second-quarter revenue

ViacomCBS beats estimates for second-quarter revenue
imageStock Markets13 minutes ago (Aug 06, 2020 07:15AM ET)

(C) Reuters. ViacomCBS headquarters in New York, New York

(Reuters) – ViacomCBS (NASDAQ:VIAC) Inc (O:VIACA) beat analysts’ estimates for quarterly revenue on Thursday as a home-bound audience boosted demand for its streaming services.

Revenue fell 12% to $6.28 billion in the second quarter ended June 30, but came above estimates of $6.27 billion, according to Refinitiv IBES data.

ViacomCBS beats estimates for second-quarter revenue

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