---
title: "\"Performance\" Paramount Skydance expects high cost savings from the merger, stock price rises 7% after hours"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265219586.md"
description: "Entertainment media company Paramount Skydance announced third-quarter revenue of $6.7 billion, below the expected $6.87 billion, but it is anticipated that cost savings from the merger will increase by $1 billion, with the stock price rising 7% in after-hours trading. The company expects fourth-quarter revenue to be between $8.1 billion and $8.3 billion, exceeding the market expectation of $7.84 billion. In addition, the company announced layoffs of approximately 1,600 employees, involving the divestiture of assets in Argentina and Chile"
datetime: "2025-11-10T21:39:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265219586.md)
  - [en](https://longbridge.com/en/news/265219586.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265219586.md)
---

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# "Performance" Paramount Skydance expects high cost savings from the merger, stock price rises 7% after hours

Entertainment media company Paramount Skydance (PSKY.US) announced third-quarter revenue below expectations, but the company expects the cost savings from the merger to increase by $1 billion compared to previous forecasts. The stock price rose 7% in after-hours trading.

Revenue for the quarter was $6.7 billion, lower than analysts' expectations of $6.87 billion; adjusted EBITDA was $952 million. The company expects fourth-quarter revenue to be between $8.1 billion and $8.3 billion, higher than the market expectation of $7.84 billion.

The company recently announced a new round of layoffs, affecting approximately 1,600 employees, related to the divestiture of its assets in Argentina and Chile

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