Anil.HD
Member
- Joined
- 27 Jun 2011
- Messages
- 1,296
- Reaction score
- 432
Cablevision said Tuesday net income plunged 28% to $64 million last quarter in large part on investment losses. Revenue was flat at $1.7 billion.
The number topped analysts expectations and the stock nosed up in earlier trading. Cablevision added high-speed data and voice subscribers, but had fewer video subscribers year on year.
Sequentially -- from the second to the third quarter -- it added 25,000 and 23,000 high-speed and voice subs respectively. Video was flat.
The number topped analysts expectations and the stock nosed up in earlier trading. Cablevision added high-speed data and voice subscribers, but had fewer video subscribers year on year.
Sequentially -- from the second to the third quarter -- it added 25,000 and 23,000 high-speed and voice subs respectively. Video was flat.