Scalper1 News
CBS’ (CBS) potential revenue from the launch of a Web-only version of Showtime and an online video deal with Hulu highlighted the TV network’s Q1 earnings conference call, as its relatively flat Q1 results beat estimates. CBS late Thursday said Q1 profit rose a penny to 78 cents while revenue fell 2% from the year-earlier quarter to $3.5 billion. Analysts had modeled sales of $3.44 billion and EPS of 75 cents. CBS stock, though, was down 1.5% in Scalper1 News
Scalper1 News