(Reuters) – ViacomCBS Inc reported better-than-expected quarterly revenue on Thursday, boosted by higher paying subscriber additions and strong advertising sales on its networks as live sporting events resumed.
Revenue rose 8% to $6.56 billion in the second quarter ended June 30, beating estimates of $6.48 billion, according to IBES data from Refinitiv.
(Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)
