Analysts consensus called for earnings of 11 cents and revenue of $7.12 billion.

Third-quarter operating losses in streaming fell to $238 million from a loss of $343 million.

Affiliate and subscription revenue was substantially flat, the company said.

Paramount Global

Paramount Global headquarters in New YorkMichael M. Santiago/Getty Images

Lower affiliate revenue was offset by revenue from pay-per-view events.

Filmed Entertainment posted a 14% gain in revenue to $891 million.

Esai Morales and Tom Cruise in ‘Mission: Impossible Dead Reckoning - Part One