Cablevision Shares Slammed As Q1 Results Fall Short Of Expectations

By | Thursday May 9, 2013 @ 6:07am PDT

The stock price is down more than 11% in pre-market trading and it’s easy to see why. The cable company reported a net loss of $16.4M, down from a $57.1M profit in the same period last year, on revenues … Read More »

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Cablevision Q4 Revenues And Subscriptions Hurt By Hurricane Sandy

By | Thursday February 28, 2013 @ 6:04am PST

The stock is down as investors discount the one-time $200M benefit to earnings, mostly from Dish Network’s payment to settle the breach-of-contract case involving the now-defunct VOOM collection of HD channels. That contributed to Cablevision’s net income of $116.6M in … Read More »

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Cablevision Hangs In With Q2 Earnings Ahead Of Analysts’ Targets

By | Tuesday August 7, 2012 @ 6:05am PDT

The results aren’t thrilling, but they aren’t bad either considering the challenges that the Long Island-based cable operator faces — and the Street’s expectations. Cablevision reported net income of $63.8M, -27.6% vs last year’s Q2, on revenues of $1.7B, … Read More »

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Cablevision Q4 Earnings Mostly Meet Expectations As Broadband Subs Grow

By | Tuesday February 28, 2012 @ 5:55am PST

Cablevision CEO Jim Dolan likely will be on the hot seat today as investors look for clues about his priorities after the recent departure of COO Tom Rutledge, now CEO of Charter. But Dolan at least won’t have to apologize … Read More »

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UPDATE: Cablevision Shares Fall Sharply After 3Q Earnings Miss

UPDATE, 8:05 AM: The stock is down more than 13% in early trading, with the decline accelerating after the company’s conference call with analysts. CEO Jim Dolan acknowledged that “not all of our results in the quarter are where we want” — which he says is due in part to the decline in housing growth. But COO Tom Rutledge also said that programming is “the single biggest cost item that we have,” and the company is grappling with new retransmission consent payments to TV stations. “We’re absorbing the collapse of the broadcast industry business model,” he says. For now, the company is waiting to see whether the FCC will do something to help tame those rising costs. It’s also promoting a higher-priced video-phone-broadband package that features faster-than-average Internet speeds. Read More »

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Cablevision Shares Hammered After It Misses The Street’s 2Q Targets

Cablevision shares are down 8.7% in early trading after the company reported anemic 2Q results. Net income at $87.8M was up 44.3% vs the same period last year on revenues of $1.69B, up 9.1%. But if you factor out the company’s … Read More »

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