Paramount Skydance Corporation - CL B

Q2 FY2026 EarningsQ2 FY26 results slightly beat revenue expectations ($6.91B vs. $6.87B consensus) while delivering a notable miss on GAAP EPS ($0.04 vs. $0.11 expected) due to $188M in transaction-related costs. Paramount+ momentum continued with 2 million net subscriber additions, bringing the total to 81.6 million, and a 16% YoY revenue surge in the DTC segment. Management raised FY26 Adjusted EBITDA guidance to $3.8B–$3.9B, signaling confidence in efficiency gains despite secular headwinds in TV Media.