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Viacom posts earnings of $1.47 a share vs $1.47 a share expected

Viacom delivered quarterly earnings that matched analysts' expectations on Thursday, but revenue was light.

The media giant posted third-quarter earnings of $1.47 per share, up from $1.42 in the year-earlier period.

Revenue fell to $3.06 billion from $3.42 billion a year ago.

Wall Street had expected the...