CBS Q4 06

CBS reported strong financial results for Q4 2006 and full year 2006. Q4 operating income increased 14% and net earnings from continuing operations increased 44% compared to the prior year. For the full year, operating income increased 5% and net earnings from continuing operations increased 16%. Television, Outdoor, and Publishing saw increased revenues and profits, while Radio declined. CBS expects continued growth in the long term through expanding its existing businesses and capitalizing on digital opportunities.