CBS second-quarter net profit of 150.1 million U.S. dollars
YORK Aug. 4 morning news yesterday, according to foreign media reports, the largest U.S. owner of CBS television network, today announced fiscal 2010 second quarter earnings. Report, CBS second-quarter net profit rose more than 9 times a year, because the advertisers start buying television and radio commercials.
report, CBS second-quarter net profit 150.1 million U.S. dollars, 22 cents per share, the performance is far better than last year. Second quarter of 2009, CBS net income of 15.4 million U.S. dollars, earnings per share of 2 cents. CBS second-quarter revenue of 33.3 billion U.S. dollars, up 11% over the same period last year, exceeding analysts had expected. Bloomberg News survey of 15 analysts surveyed on average expected revenue of the second quarter, CBS 32.5 million.
Excluding certain one-time items, CBS second-quarter earnings of 25 cents per share, exceeding analysts had expected. Bloomberg News survey of 18 analysts surveyed on average expected earnings per share for the second quarter, CBS 21 cents. (Jin-liang)
