CBS Posts Best First Quarter Ever

Credit: Wochit Business
Published on May 2, 2019 - Duration: 00:54s

CBS Posts Best First Quarter Ever

According to Broadcasting and Cable, CBS got a biggest revenue boost from the Super Bowl.

The network released their first quarter earnings report, which set a company record for the most Q1 revenue.

But their earnings for the first quarter were just under analyst expectations.

CBS had a $768 million tax benefit after reorganizing their international operations.

Their net earnings came in at $1.58 billion for $4.21 per share.

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CBS Posts Best First Quarter Ever

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