Viacom Q1 revenue beat analyst forecasts, but comments by CEO Phi...
Viacom Q1 revenue beat analyst forecasts, but comments by CEO Philippe Dauman in a Thurs. teleconference gave investors pause. Ad sales are running only 5% higher year- over-year this quarter, Dauman told investors. For Q1, Viacom’s top-line numbers were…
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rosier, helped by acquisitions. Sales grew 16% from last year to $2.75 billion. Profit fell 36% from last year to $202 million on higher operating expenses and interest charges.