Latest in third quarter results

Luxembourg-based RTL Group saw a 12% jump in revenue to $5 billion (€5 billion) for the first nine months of 2022, according to its third-quarter statement which was released on Friday. UK-based international film and TV production and distribution company Fremantle had played a significant role in…

Warner Bros Discovery stumbled in the third quarter, falling short of Wall Street expectations due to a slowdown in advertising and merger-related restructuring charges. Total revenue came in at about $9.8 billion, down 11% from the year-earlier period, and net losses totaled $2.8 billion. The losses…

Roku saw its user base growth rate rebound and total revenue soar well ahead of Wall Street expectations in the third quarter, but investors nevertheless are hammering the stock due to other, less auspicious trends. Shares slipped as much as 20%, falling below $45, after the company reported its…

Privately held Hispanic media giant TelevisaUnivision reported a 5% uptick in third-quarter revenue, to $1.2 billion, but said investments in streaming caused operating income to dip 4%. The comparisons were offered on a pro-forma basis, given that the company has existed for less than a full year…

Netflix topped Wall Street estimates across the board in the third quarter, marking the start of what the streaming giant hopes is its great comeback. Global subscriber levels reached 223.09 million, up from 220.67 million in the prior quarter, ending a streak of two quarters when subscriber levels…

Apple edged Wall Street estimates for its fiscal third quarter, but its results revealed the negative impact of supply shortages and shutdowns in China, foreign currency fluctuations, inflation and other challenges as the tech giant navigates an uncertain landscape coming out of the worst of…

Fox Corp. delivered a mix bag of financial results in its fiscal third quarter, with revenue exceeding Wall Street expectations but earnings falling short. The company also revealed a $30 million write-down on scripted programming. The media company reported total revenue of $3.46 billion in the period ending March…

Chicken Soup for the Soul Entertainment reported third-quarter results Monday that undershot Wall Street analysts’ expectations on the top or bottom line. Revenue for the parent of Crackle and other streaming services came in at $29.1 million, which was a record for the company but just shy of the consensus forecast…

UPDATED with executive comment. AMC Networks is unlikely to bid on Starz, but is “always looking at opportunities” for M&A, according to interim CEO Matt Blank. The exec made the comments during the company’s conference call with Wall Street analysts to discuss its stellar third-quarter results. Starz is poised to be…

UPDATED with executive comments. ViacomCBS cracked the $1 billion mark in streaming revenue in the third quarter, but overall results were more subdued, with total revenue rising 13% to $6.6 billion and earnings per share declining to 69 cents. The revenue number just slipped past Wall Street analysts’ expectations…

Roku stock dropped sharply in after-hours trading after the company reported third-quarter revenue that fell just short of Wall Street analysts’ consensus estimate. Revenue of $680 million missed the Street number by a bit more than $3 million. On the bottom line, though, earnings per share of 48 cents far outpaced…

Sinclair Broadcast Group CEO Chris Ripley said the company’s regional sports networks division has “ample liquidity” to keep operating and reaffirmed plans for a major streaming launch next spring. Speaking with analysts during the company’s third-quarter earnings call, Ripley said the company currently has…