Streetbeat News

ITVPF

ITV

http://www.itvplc.com/

CEO

Carolyn McCall

Industry

Radio Networks

Open

1.02

Mkt cap

3.9B

Volume

300

High

1.02

P/E Ratio

7.21

52-wk high

1.10

Low

1.01

Div yield

0.08

52-wk low

0.72

ITV PLC's share price dropped by 8% following a report of flat advertising revenue in Q3 and plans for £20 million in cost cuts. The company projects a modest 2.5% growth in ad revenue for the year.

Portfolio Pulse from

November 07, 2024 | 8:45 am

UK network ITV is planning an additional $26M in cost savings due to the impact of the 2023 Hollywood labor strikes, which have affected its production arm and reduced broadcaster demand.

Portfolio Pulse from

November 07, 2024 | 8:15 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.