Paramount Skydance Posts Q3 Revenue Of $7.03B, Adjusted EBITDA Of $1B, Excluding WBD
Q3 Operating Income $368M, EPS $0.06, Paramount+ Revenue Up 21% - On Track To Meet Prior 2026 Guidance. Sees $200M Impact On Q4 Profit Versus Prior Expectations And Slower Q4 Studios Revenue Growth - WBD Included In Results From October 6. Its Film Slate Underperformed In The Near Term - Still Expects $6B+ In Run-Rate Synergies Within Three Years - Expects Pro Forma Adjusted EBITDA To Rise YoY In 2027, With Strong Revenue Growth In Direct-To-Consumer And Studios - Plans To Bundle Paramount+ And HBO Max In Early 2027. On Track To Release 30 Films And Over 180 Series In 2027 - Shifts To Annual Guidance And Will Stop Reporting Quarterly Subscriber Figures Starting In Q4
Q3 Operating Income $368M, EPS $0.06, Paramount+ Revenue Up 21% - On Track To Meet Prior 2026 Guidance. Sees $200M Impact On Q4 Profit Versus Prior Expectations And Slower Q4 Studios Revenue Growth - WBD Included In Results From October 6. Its Film Slate Underperformed In The Near Term - Still Expects $6B+ In Run-Rate Synergies Within Three Years - Expects Pro Forma Adjusted EBITDA To Rise YoY In 2027, With Strong Revenue Growth In Direct-To-Consumer And Studios - Plans To Bundle Paramount+ And HBO Max In Early 2027. On Track To Release 30 Films And Over 180 Series In 2027 - Shifts To Annual Guidance And Will Stop Reporting Quarterly Subscriber Figures Starting In Q4