Ascent Media Corporation (ASCMA) Posts Wider Q2 Loss

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Ascent Capital Group Announces Financial Results for the Three and Six Months Ended June 30, 2015

August 10, 2015 4:06 PM EDT

ENGLEWOOD, Colo., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Ascent Capital Group, Inc. ("Ascent" or the "Company") (Nasdaq: ASCMA) has reported results for the three and six months ended June 30, 2015. Ascent is a holding company that owns Monitronics International, Inc. ("Monitronics"), the nation's second largest home security alarm monitoring company.

Headquartered in Dallas, Texas, Monitronics provides security alarm monitoring services to nearly 1.1 million residential and commercial customers as of June 30, 2015. Monitronics' long-term monitoring contracts provide high margin recurring revenue that results in predictable and stable cash flow.

Highlights1:

Ascent's net revenue for the three... More