CBS Corporation Reports Record Revenue and Earnings for Q4 and 2017
Contributing to CBS’s success are CBS All Access and Showtime OTT who have nearly 5 million subscribers combined.
CBS Corporation (NYSE: CBS.A and CBS) reported strong fourth quarter and full-year 2017 financials last week, including revenue of $3.9 billion, an 11 percent increase over the same period in 2016. Revenue for the full year was $13.7 billion, a 4 percent increase over 2016. For the quarter, CBS had adjusted diluted earnings per share of $1.20, an 8 percent increase. For the year, CBS had adjusted diluted earnings per share of $4.40, a 7 percent increase These figures are all-time highs for quarterly and annual revenue and adjusted diluted earnings per share.
Subscription Insider now embargoes NEWS and FEATURE articles 14 days after they are published.
All registered site users can enjoy access to our full archive of news and feature content by logging in.
Remember — Subscription Insider membership includes access to all embargoed content.
Subscription Insider has upgraded to a new technology platform and our login process has changed:
FOR FREE EMBARGOED ACCESS:
- Newsletter Subscribers (Free): Please log in using the email you used to signup for our Newsletter. The first time you log in, you will need to reset your password.
- Registered Site Users: Please use the email and password you used when you registered for free site access for Subscription Insider.