Viacom Reports a 16 Percent Increase in Revenues
Viacom yesterday reported results for the full year and fourth quarter ended December 31, 2001. For 2001, Viacom reported a 16 percent increase in revenues to $23.22 billion, but also reported a net loss of $224 million, or a loss of $.13 per share, for the year ended December 31, 2001, including a net loss of $43 million, or a loss of $.02 per share, for the fourth quarter. Viacom recorded full year 2001 pro forma revenues of $23.20 billion and pro forma EBITDA of $5.07 billion, compared with pro forma revenues of $23.09 billion and pro forma EBITDA of… Read more »
