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Paramount Global Reports $224 Million Quarterly Loss
By USinMinutes - Feb 26, 2025, 04:13 PM ET
Last Updated - Mar 02, 2025, 07:06 AM EST
The company records $8 billion revenue for Q4 ended Dec 31, 2024
Paramount Global [PARAA] reported $224 million loss for Q4 ended Dec 31, 2024, showing a decrease of $72.8 million from the previous quarter.
The company revealed in its 8-K filing to the SEC dated Feb 26, 2025 that it generated revenue of $8 billion for the period, showing an increase of $346 million from the previous quarter.
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Based in New York, New York, the company reported $0.3 earnings per share for the period, compared to $0.2 in the last quarter.
The company's loss decreased by 48% from $151.6 million in the last quarter.
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The revenue increased 5% from $7.6 billion in the same quarter of the previous year.
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