EPS, Revenue Growth Hit The Mark For CBS


With significant leadership changes at CBS Corporation¬†in the wake of former Chairman/CEO¬†Les Moonves‘ September 9 exit amid sexual harassment charges, shareholders have been nervous with respect to how the noise created from the scandal would impact the media company’s bottom line.

While cable networks revenue declined, entertainment, local media, and publishing each saw gains, pushing CBS’s total revenue toward $3.3 billion.

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