UPDATE 1-ViacomCBS beats revenue, profit estimates as lockdowns boost demand for streaming
Media company ViacomCBS Inc on
Thursday beat first-quarter revenue and profit estimates, as
higher demand for its streaming services from people hunkered
down at home more than offset a drop in advertising revenue due
to the COVID-19 crisis.
Thursday beat first-quarter revenue and profit estimates, as
higher demand for its streaming services from people hunkered
down at home more than offset a drop in advertising revenue due
to the COVID-19 crisis.
Posted by Reuters
