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Viacom Inc.


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Viacom posts 15% jump in profit in third quarter

The media company earns $463 million, compared with $401 million a year earlier, helped by stronger results from Paramount Pictures. Revenue slips 3% to $3.3 billion. Cost cutting, coupled with stronger results from Paramount Pictures, paid off in the third quarter as Viacom Inc. posted a 15% jump in profit despite lower advertising and home video sales.

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Viacom Inc. Reports Operating Results (10-Q)

By 10qk. Viacom Inc. ( VIA ) filed Quarterly Report for the period ended 2009-09-30. Read more » »

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Viacom surprises Wall Street with higher earnings

Viacom Inc.'s cost-cutting measures, along with stronger results from its Paramount Pictures film unit, paid off in the third quarter as the media company posted a 15% jump in profit despite lower advertising and home video sales. For the quarter...

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Viacom's 3Q profit jumps 15 percent

Viacom Inc. posted a 15 percent jump in third-quarter profit today as a stronger film slate from its Paramount Pictures movie studio helped offset continuing declines in advertising and DVD sales. Its shares rose more than 6 percent in premarket trading.

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Viacom profit up with box office and The Beatles

NEW YORK (Reuters) - Viacom Inc. reported a sharper-than-expected rise in profit on Tuesday, as box office hits like "Transformers" and "G.I. Joe" helped it overcome the deep advertising slump that has plagued the media industry.

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Viacom 3Q profit jumps 15 pct on strong box office

NEW YORK - G.I. Joe and the Transformers came to Viacom Inc.'s rescue in the third quarter, helping boost the company's earnings 15 percent with strong box office...

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Viacom 3Q profit jumps 15 pct on strong box office

G.I. Joe and the Transformers came to Viacom Inc.'s rescue in the third quarter, helping boost the company's earnings 15 percent with strong box office returns.

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Viacom Q3: Encouraging Results

Zacks.com submits: Viacom Inc. ( VIA ) Tuesday declared encouraging results for the third quarter. Quarterly net income from continuing operation was $443 million or 73 cents per share, compared to $385 million or 62 cents per share in the prior-year quarter. However, third-quarter adjusted (excluding one-time discrete tax benefit) EPS was 61 cents significantly above the Zacks Consensus...

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Viacom profit rises to $463 million

NEW YORK (MarketWatch) -- Viacom Inc. said Tuesday that its third-quarter profit rose to $463 million, or 76 cents a share, from $401 million, or 65 cents, a year earlier. Revenue declined to $3.32 billion from $3.41 billion. Excluding items, the company said it would have earned 69 cents a share. Analysts, on average, estimated the media company to earn 56 cents a share on revenue of...

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What To Expect From Viacom's Earnings

Posted By: Julia Boorstin Viacom kicks off a barrage of media giant earnings when it reports before the bell Tuesday morning. Read More Topics: Earnings | Advertising | Marketing | Print Media | Movies & Film Studios | Television | Technology | Media Sectors: Media Companies: Marvel Entertainment Inc | CBS Corp | Viacom, Inc. | General Electric | Discovery Holding Co | Comcast...

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Viacom sees 15% bump in 3Q profits

Viacom Inc.'s third-quarter profits rose 15 percent after strong box-office performances from "Transformers: Revenge of the Fallen" and "G.I. Joe: The Rise of Cobra" and sales of "The Beatles: Rock Band." (VIA)

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Viacom's 3Q profit jumps 15 percent

Viacom says its third-quarter profit jumped a better-than-expected 15 percent as a stronger movie slate offset continuing declines in advertising and DVD sales. The media conglomerate controlled by billionaire Sumner Redstone owns a wide range of media... Viacom - Sumner Redstone - Media conglomerate - DVD - Advertising

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Viacom Reports Third Quarter 2009 Results

NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- Viacom Inc. (NYSE: VIA and VIA.B) today reported a 14% increase in operating income and a 24% rise in adjusted net earnings for the third quarter ended September 30, 2009, with growth in Filmed Entertainment and Media Networks.

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Viacom's quarterly profit jumps 15 percent

Viacom posted a 15 percent jump in third-quarter profit as a stronger film slate from its Paramount Pictures movie studio helped offset continuing declines in advertising and DVD sales.