Paramount Skydance Corporation · NASDAQ:PSKY
Paramount Skydance — Q1 2025 Earnings Presentation
15 slides from Paramount Skydance's earnings presentation, May 8, 2025
Slide 1: Paramount Reports Q1 2025 Earnings Results
EARNINGS PRESS RELEASE | May 8, 2025 PARAMOUNT REPORTS Q1 2025 EARNINGS RESULTS Powerful Slate of Hit TV Series, Films & Sports Fueled Strong Content Performance – Paramount+ Again had the Second Most Top 10 SVOD Originals – CBS is Poised to be the Most-Watched Network in Primetime for the 17th Cons
Slide 2: Direct-to-Consumer
Q1 2025 EARNINGS – SEGMENTS DIRECT-TO-CONSUMER OVERVIEW Bolstered by hit originals, post-theatrical releases, CBS primetime and sports, DTC carried its momentum into Q1, delivering strong revenue growth and improved profitability. Paramount+ once again ranked as a top three SVOD service in Original
Slide 3: TV Media
Q1 2025 EARNINGS – SEGMENTS TV MEDIA OVERVIEW CBS is poised to be the most-watched network in primetime for the 17th consecutive season, the longest winning streak on record. Including sports, CBS shows claimed 15 of the top 25 programs, such as Tracker and Matlock. Sports programming continued to a
Slide 4: Filmed Entertainment
Q1 2025 EARNINGS – SEGMENTS FILMED ENTERTAINMENT OVERVIEW Paramount Pictures delivered another quarter of revenue growth and improved profitability with the continued success of Sonic the Hedgehog 3 and the #1 domestic debut of Novocaine at the box office. Gladiator II and Sonic the Hedgehog 3 were
Slide 5: Skydance Transactions
Q1 2025 EARNINGS – SKYDANCE TRANSACTIONS SKYDANCE TRANSACTIONS Completion of the Skydance transactions is subject to regulatory approvals and customary closing conditions. The transactions are anticipated to close in the first half of 2025. Until then, Paramount continues to operate in the normal co
Slide 6: About Paramount
ABOUT PARAMOUNT Paramount (NASDAQ: PARA; PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET
Slide 7: Contacts
CONTACTS PRESS Justin Dini Executive Vice President Acting Chief Communications Officer (212) 846-2724 justin.dini@paramount.com Allison McLarty Senior Vice President Corporate Communications (323) 376-7903 allison.mclarty@paramount.com INVESTORS Jaime Morris Executive Vice President Investor Relati
Slide 8: Consolidated Statements of Operations
Q1 2025 EARNINGS – FINANCIAL STATEMENTS PARAMOUNT GLOBAL AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited; in millions, except per share amounts) Three Months Ended March 31 2025 2024 Revenues $ 7,192 $ 7,685 Costs and expenses: Operating 4,961 5,036 Programming charges — 1,118 Sell
Slide 9: Consolidated Balance Sheets
Q1 2025 EARNINGS – FINANCIAL STATEMENTS PARAMOUNT GLOBAL AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited; in millions, except per share amounts) At At March 31, 2025 December 31, 2024 ASSETS Current Assets: Cash and cash equivalents $ 2,673 $ 2,661 Receivables, net 6,835 6,920 Programming an
Slide 10: Consolidated Statements of Cash Flows
Q1 2025 EARNINGS – FINANCIAL STATEMENTS PARAMOUNT GLOBAL AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited; in millions) Three Months Ended March 31 2025 2024 Operating Activities: Net earnings (loss) (Paramount and noncontrolling interests) $ 161 $ (544) Less: Net earnings from disc
Slide 11: Supplemental Disclosures Regarding Non-GAAP Financial Measures
Q1 2025 EARNINGS – Supplemental Disclosures SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Unaudited; in millions, except per share amounts) Adjusted operating income before depreciation and amortization (“Adjusted OIBDA”), adjusted earnings from continuing operations before income
Slide 12: Supplemental Disclosures Regarding Non-GAAP Financial Measures (Continued)
Q1 2025 EARNINGS – Supplemental Disclosures SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued) (Unaudited; in millions, except per share amounts) The table below sets forth our Adjusted OIBDA by reportable segment and a reconciliation of total Adjusted OIBDA to Operating Inco
Slide 13: Supplemental Disclosures Regarding Non-GAAP Financial Measures (Continued)
Q1 2025 EARNINGS – Supplemental Disclosures SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued) (Unaudited; in millions, except per share amounts) Three Months Ended March 31, 2025 Earnings from Net Earnings from Continuing Continuing Operations Operations Diluted EPS from Bef
Slide 14: Supplemental Disclosures Regarding Non-GAAP Financial Measures (Continued)
Q1 2025 EARNINGS – Supplemental Disclosures SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued) (Unaudited; in millions, except per share amounts) Three Months Ended March 31, 2024 Net Earnings Earnings (Loss) (Loss) from from Continuing Continuing Operations Benefit from Oper
Slide 15: Supplemental Disclosures Regarding Non-GAAP Financial Measures (Continued)
Q1 2025 EARNINGS – Supplemental Disclosures SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued) (Unaudited; in millions) Free Cash Flow Free cash flow is a non-GAAP financial measure. Free cash flow reflects our net cash flow provided by (used for) operating activities less ca