Earnings
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Apple’s Profit Drops 36% as Tech Giant Pays $10 Billion to Resolve European Tax Issue
Despite the one-time charge, the iPhone maker reported a Q4 record of $94.9 billion in sales
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Amazon Ad Sales Rise 19% to $14.3 Billion in Q3
Sales for subscription services, which includes Prime Video, grew 11% to $11.3 billion during the quarter
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Cinemark Scores Highest Quarterly Box Office Since the Pandemic, Record Q3 Revenue on ‘Steady Cadence’ of Hits
Quarterly revenue for the Texas-based theater chain climbed 5% to $922 million
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Peacock Q3 Loss Narrows to $436 Million as Paris Olympics Boost Subs to 36 Million
The streamer’s revenue grew 82% year over year to $1.5 billion
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Meta Posts Record $15.7 Billion Profit as Net Income Balloons 35% in Q3
CEO Mark Zuckerberg says the Facebook parent company will continue to invest in AI and virtual reality because the upside is “really big”
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Imax Revenue Down 12% From ‘Oppenheimer’ Boom, But Improves From Q2 to $91.5 Million
“Deadpool & Wolverine” and “Alien: Romulus” helped the premium format company stabilize after a rough start to summer box office
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Roku Posts More Than $1 Billion in Revenue in Q3 for First Time, Shaves Net Loss to $9 Million
The streamer and hardware maker, which is in 85.5 million households, will stop reporting the metric starting in the first quarter of 2025
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Netflix Stock Rallies 11% After Q3 Earnings Beat
Shares of the streamer, which are up more than 120% in the past year, closed at $763.89 on Friday – just shy of its 52-week high
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Netflix Profits Surge 41% in Q3 to $2.36 Billion as Streamer Adds 5 Million Subscribers
The streamer, which boasts over 282 million subscribers globally, reported a 35% increase in ad-supported members
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AMC Networks Swings to Q2 Net Loss of $29.2 Million, US Ad Revenue Falls 11% on Linear TV Challenges
The company recorded $97 million in impairment charges related to the devaluation of its international business and BBC America
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News Corp. Reports 6% Boost in Q4 Revenue to $2.58 Billion, Touts OpenAI Deal
The media company turned a net loss of $32 million in 2023 into net income of $71 million driven largely by Dow Jones Segment
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Lionsgate Shrinks Q2 Loss to $59 Million Despite Box Office Slips
A TV revenue bump and reduced marketing costs helped mitigate the lack of a “John Wick”-level hit
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Paramount Global Q2 Net Loss Balloons to $5.4 Billion as Company Takes $5.98 Billion Impairment Charge on Cable Networks
The media giant’s direct-to-consumer division swung to a profit of $26 million as Paramount+ shed 2.8 million subscribers
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Warner Bros. Discovery Stock Plunges Over 11% After Taking $9.1 Billion Impairment Charge on Linear TV Networks
The stock briefly hit a 52-week low of $6.73 per share following its earnings results for the second quarter of 2024
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Endeavor Looks to Sell OpenBet, IMG Arena Ahead of Silver Lake’s Take-Private Deal
The company reported a net loss of $253.8 million and revenue of $1.75 billion in its second quarter of 2024
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