From AMC to ViacomCBS: Tracking video industry earnings in Q2 2020

Finance earnings stock ticker graph
(Getty/monsitj)

The second-quarter earnings season is underway, and FierceVideo is tracking the results from streaming media companies, programmers, pay TV operators and broadcasters throughout the period. Check out our updates on companies in this segment.

Also, make sure to check FierceWireless and FierceTelecom, as they also track earnings for companies in the wireless, pay TV and wireline industries.

Keep checking back here for updates.

July 16

Netflix
Netflix said it added a record number of new paid subscribers in the second quarter but warned that subscriber growth will slow down in the back half of 2020.
- see our coverage
- visit Netflix's investor relations page

July 20

Limelight Networks
Limelight Networks, a provider of video delivery and edge cloud services, reported improved second-quarter financials as its traffic reached record levels.
- see our coverage
- visit Limelight's investor relations page

July 23

AT&T/WarnerMedia
AT&T lost another 954,000 premium and streaming TV subscribers in the second quarter but credited its new AT&T TV service with helping to offset the continued losses.
- see our coverage
- visit Warner Media's investor relations page

July 24

Verizon
Verizon posted a net loss 81,000 Fios Video subscribers in the second quarter, continuing its steady decline and dropping it below four million subscribers.
- see our coverage
- visit Verizon's investor relations page

July 28

Akamai
Peak traffic on the Akamai platform exceeded 100 terabits per second every day in the second quarter, according to CEO Tom Leighton.
- see our coverage
- visit Akamai's investor relations page

July 30

Altice USA
Altice USA reported a net loss of 35,000 video subscribers in the second quarter but nevertheless still grew its residential and overall revenues.
- see our coverage
- visit Altice USA's investor relations page

Amazon
- visit Amazon's investor relations page

Apple
- visit Apple's investor relations page

Comcast/NBCUniversal
Comcast lost close to 500,000 video subscribers during the second quarter, just as the cable operator predicted earlier this summer.
- see our coverage
- visit Comcast's investor relations page

Facebook
- visit Facebook's investor relations page

Google
- visit Google's investor relations page

July 31

Charter
Charter Communications shook up the cord-cutting narrative by adding 102,000 net residential video subscribers in the second quarter.
- see our coverage
- visit Charter's investor relations page

August 3

Harmonic
- visit Harmonic's investor relations page

August 4

AMC Networks
AMC Networks emerged from a second quarter that was less than kind but could have been much worse. Net income tumbled to $15 million ($.28 per diluted share) from $129 million ($2.25 per diluted share) in the year-ago Q2.
- see our coverage
- visit AMC's investor relations page

Fox
The novel-coronavirus pandemic punched a hole in Fox’s advertising revenue, but that wasn’t enough to leave a major dent in Fox’s fourth-quarter earnings results.
- see our coverage
- visit Fox's investor relations page

The Walt Disney Company
The Disney+ streaming service constituted one of the few pluses in an ugly quarter for Disney that saw revenues slump to $11.78 billion from $20.26 billion a year ago. So the company is placing a round of new bets on streaming—including an unprecedented direct-to-home debut for the delayed drama Mulan on that service.
- see our coverage
- visit Disney's investor relations page

August 5

Discovery, Inc.
Discovery CEO David Zaslav spent a lot of time on today’s Q2 2020 earnings call, motoring around the subject of Discovery’s direct-to-consumer plans.
- see our coverage
- visit Discovery's investor relations page

Nexstar Media
- visit Nexstar's investor relations page

Roku
Roku found itself with more viewers than ever in its second quarter but still no profits, thanks to increases in its own expenses and the coronavirus pandemic bruising the advertising business for everyone.
- see our coverage
- visit Roku's investor relations page

Sinclair Broadcast Group
- visit Sinclair's investor relations page

August 6

Cable One
- visit Cable One's investor relations page

Lionsgate
- visit Lionsgate's investor relations page

ViacomCBS
ViacomCBS is two quarters into the combined company, and its CEO Robert Bakish spent some time on the company’s Q2 2020 earnings call talking about the future rebranding and “super-sizing” of CBS All Access.
- see our coverage
- visit Viacom's investor relations page

August 7

Dish Network
- visit Dish's investor relations page

August 10

TiVo/Xperi
TiVo, which is now part of Xperi, said that its recent Stream 4K connected TV device is selling faster than any of the company’s previous hardware releases.
- see our coverage
- visit TiVo's investor relations page

August 13

FuboTV
Virtual MVPD fuboTV posted a net loss of $99.8 million during the second quarter as its subscriber count held mostly steady.
- see our coverage
- visit fuboTV's investor relations page

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