Cablevision Systems Corp. (CVC) Tops Q3 EPS by 9c

Cablevision Systems Corp. (NYSE: CVC) reported Q3 EPS of $0.27, $0.09 better than the analyst estimate of $0.18. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.61 billion.

Cablevision CEO James L. Dolan said: “Cablevision’s third quarter results reflect a continuation of the strong financial performance that we delivered in the first half of the year. We have seen significant year-over-year improvements in revenue, AOCF, and free cash flow, and we are pleased with the results of our ongoing effort to transform the Optimum experience. Looking ahead, we will continue to improve our products and services while remaining focused on enhancing shareholder value.”

For earnings history and earnings-related data on Cablevision Systems Corp. (CVC) click here.

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