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Paramount Global [PARA] reports $21 million quarterly net profit

By USinMinutes - Nov 08, 2024, 09:55 AM ET

Last Updated - Nov 21, 2024, 03:20 AM EST

Paramount Global [PARA] reports $21 million quarterly net profit

Company generates $6.7 billion in revenue

Paramount Global Paramount Global [PARA] has reported $21 million quarterly profit, an increase of $5.4 billion from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.

Dollars in millions
	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023
Income Statement
Revenue	$6,731.0	$6,813.0	$7,685.0	$29,652.0
Operating Profit	$337.0	-$5,318.0	-$417.0	-$451.0
Net Income	$21.0	-$5,404.0		-$1,252.0
Net Cash	-$17.0	-$145.0	-$76.0	-$425.0
Gross Margin	$6,731.0	$6,813.0
Operating Margin	$0.0	-$0.0	-$0.0	-$0.0
Profit as % of Revenues	32052.38	-126.07
Profit as % of Assets	0.08	-20.51		-2.24
Profit as % of Stockholder Equity	0.12	-31.89		-5.43
Return on Equity	0.12	-31.89	0.77	1.57
Return on Assets	0.05	-11.78	0.33	0.67
Turnover Ratio	25.41	25.85	0.15	0.53
EBITA	$433.0	-$5,217.0	-$0.0	-$0.0
Balance Sheet
Total Assets	$46,250.0	$45,890.0	$52,027.0	$53,543.0
Total Liabilities	$29,175.0	$28,944.0	$29,690.0	$30,493.0
Cash Flow Statement
Operating Cash Flow	$584.0	$319.0	$260.0	$475.0
Investing Cash Flow	-$317.0	-$197.0	-$128.0	$942.0
Financing Cash Flow	-$298.0	-$237.0	-$187.0	-$1,841.0

Read the full filing

Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.

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Paramount Global [PARA] reports $21 million quarterly net profit

Company generates $6.7 billion in revenue

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