CBS Corp. (CBS) Tops Q3 EPS by 4c

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CBS Corporation Reports Third Quarter 2019 Results

November 12, 2019 8:00 AM EST

NEW YORK, Nov. 12, 2019 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results for the third quarter of 2019, including an all-time high in the third quarter for revenues.

"We delivered record third-quarter revenues as we continue to increase our investment in our premium content and direct-to-consumer streaming services, which is the cornerstone of our growth strategy," said Joe Ianniello, President and Acting Chief Executive Officer, CBS Corporation. "During the quarter, our direct-to-consumer revenue from CBS All Access and Showtime OTT grew 39% from last year, driven by a strong slate of original programming.... More