ViacomCBS beats estimates for second-quarter revenue

By Syndicated Content Aug 6, 2020 | 6:10 AM

(Reuters) – ViacomCBS Inc beat analysts’ estimates for quarterly revenue on Thursday as a home-bound audience boosted demand for its streaming services.

Revenue fell 12% to $6.28 billion in the second quarter ended June 30, but came above estimates of $6.27 billion, according to Refinitiv IBES data.

(Reporting by Kenneth Li in New York and Neha Malara in Bengaluru; Editing by Anil D’Silva)

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ViacomCBS beats estimates for second-quarter revenue

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