Cablevision Systems (CVC) Tops Q2 EPS by 2c
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Cablevision Systems Corporation Reports Second Quarter 2015 Results
August 7, 2015 7:30 AM EDTBETHPAGE, NY--(BUSINESS WIRE)-- Cablevision Systems Corporation (NYSE: CVC) today reported financial results for the second quarter ended June 30, 2015.
Second quarter consolidated net revenues increased 1.6% to $1.653Â billion, consolidated adjusted operating cash flow (AOCF)1 decreased 2.7% to $474.3Â million and consolidated operating income decreased 4.5% to $244.5Â million, all compared with the prior year period.
Operating highlights for the second quarter include:
Improved subscriber performance with largest quarterly gains in both customer relationships and high-speed data, in more than two years. Average Monthly Cable Revenue per Customer ("RPC") of $158.52, an... More