UPDATE 3-Higher U.S. ad revenue helps Viacom beat profit estimates, shares gain
UPDATE 3-Higher U.S. ad revenue helps Viacom beat profit estimates, shares gain 3Nov 14 (Reuters) – Viacom Inc, the owner of MTV, Nickelodeon and Comedy Central cable networks, beat analysts’ estimates for quarterly profit on Thursday as domestic advertising revenue grew. Shares rose 2.54% to $22.61 in morning trading after the company reported a 6% rise in domestic ad revenue on a constant currency basis, boosted by …
News story posted on 2019-11-15T11:59:00.0000000Z