CBS reached an all-time high in its Q4 earnings, according to numbers released Thursday.
The company achieved $3.9 billion in revenue, beating expectations of $3.79 billion for the best quarter in company history. In addition, the company posted earnings per share of $0.92, in line with analyst expectations.
“We had a terrific fourth quarter, and CBS is now in position to build strong momentum throughout 2016,” said Leslie Moonves, chairman, president and CEO of CBS Corporation. “Our base businesses are growing well, thanks to the strength of our premium content and the continued improvement in the advertising marketplace.”
“The international market is extremely exciting as well, with demand for our CBS programming higher than ever and new deals that are changing the way we license the Showtime brand overseas,” he continued.