Friday, 5 November 2010

Cablevision reported a smaller profit, but growing telecommunications Top Line

Cablevision Systems (NYSE: CVC) reported Q3 EPS $ 0.38, missing consensus estimates of $ 0.41. Sales in the quarter increased 5.6% to 1.81 billion dollars, and came in ahead of consensus estimates $ 1.8 billion. The company's cable television 3rd quarter sales rose 4.8% to 1.37 billion dollars. Although the company's turnover for the telecommunications services increased by 5.2% to 1.43 billion dollars. Cablevision

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