Paramount Global CFO Said In Q4,, Advertising Growth Will Continue To Be Impacted By A Sizable Decline In Political Advertising -Conf Call
Portfolio Pulse from Charles Gross
Paramount Global's CFO has stated that the company's advertising growth will continue to be impacted by a significant decline in political advertising in Q4.
November 02, 2023 | 8:56 pm
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Paramount Global's advertising growth is expected to be negatively impacted by a decline in political advertising in Q4, as per the company's CFO.
The CFO's statement indicates a potential decrease in advertising revenue for Paramount Global in Q4 due to a decline in political advertising. This could negatively impact the company's overall revenue and profitability, potentially leading to a decrease in its stock price.
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