CBS reported fourth quarter and full year 2018 results on Thursday, with sales at Simon & Schuster moderating in the final quarter to $218 million (down from $235 million a year ago), even as operating income continued to grow, at $46 million (up $1 million from a year ago). As ceo Carolyn Reidy underscored, it marks the company’s sixteenth consecutive quarter of growth in profits. Full year sales fell $5 million short of last year’s mark, at $825 million, as the company registered record operating income yet again, at $144 million. That’s up from an official $136 million for 2017 […]
