Cablevision Systems (CVC) Misses Q1 EPS by 1c

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Go back to Cablevision Systems (CVC) Misses Q1 EPS by 1c

Cablevision Systems Corporation Reports First Quarter 2015 Results

May 4, 2015 7:30 AM EDT

BETHPAGE, NY--(BUSINESS WIRE)-- Cablevision Systems Corporation (NYSE: CVC) today reported financial results for the first quarter ended March 31, 2015.

First quarter consolidated net revenues increased 2.5% to $1.615 billion, consolidated adjusted operating cash flow (AOCF)1 increased 4.5% to $454.0 million and consolidated operating income increased 8.0% to $223.8 million, all compared with the prior year period.

Operating highlights for the first quarter include:

Average Monthly Cable Revenue per Customer ("RPC") of $155.34, an increase of $7.12 or 4.8%, compared with the prior year period. Consolidated Free Cash Flow from Continuing Operations1 of $49.0 million.... More