Paramount Global (PARA) Q2 2023 Earnings Call Transcript

Paramount Global (NASDAQ:PARA) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET

Company Participants

Kristin Southey - Investor Relations
Bob Bakish - President and Chief Executive Officer
Naveen Chopra - Chief Financial Officer

Conference Call Participants

Jessica Reif Ehrlich - Bank of America Securities
Michael Morris - Guggenheim
Ben Swinburne - Morgan Stanley
Rich Greenfield - LightShed Partners
Brett Feldman - Goldman Sachs
Robert Fishman - MoffettNathanson
Bryan Kraft - Deutsche Bank

Operator

Good afternoon. My name is Nadia and I’ll be the conference operator today. At this time, I would like to welcome everyone to Paramount Global’s Second Quarter 2023 Earnings Conference Call. [Operator Instructions] At this time, I would now like to turn the call over to Kristin Southey, Paramount Global’s EVP, Investor Relations. You may now begin your conference call.

Kristin Southey

Good afternoon, everyone. Thank you for taking the time to join us for our second quarter 2023 earnings call. Joining me for today’s discussion are Bob Bakish, our President and CEO; and Naveen Chopra, our CFO. Please note that in addition to our earnings release, we have trending schedules containing supplemental information available on our website.

Before we start this afternoon, I want to remind you that certain statements made on this call are forward-looking statements that involve risks and uncertainties. These risks and uncertainties are discussed in more detail in our filings with the SEC. Some of today’s financial remarks will focus on adjusted results. Reconciliations of these non-GAAP financial measures can be found in our earnings release or in our trending schedules, which contain supplemental information, and in each case, can be found in the Investor Relations section of our website.

Now I will turn the call over to Bob.

Bob Bakish

Good afternoon, everyone, and thank you for joining us. Naveen and I