04:26 PM EDT, 04/29/2024 (MT Newswires) -- Paramount Global ( PARAA ) late Monday reported Q1 adjusted net income of $0.62 per diluted share, up from $0.09 a year earlier.

Analysts polled by Capital IQ expected $0.36.

Revenue for the quarter ended March 31 was $7.69 billion, up from $7.27 billion a year earlier.

Analysts expected $7.74 billion.

Paramount shares were more than 2% higher in extended activity.

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