Cablevision sales up, profits down in second quarter
Cablevision Systems Corp. said profits declined but sales went up in its second quarter, ended June 30.
The Bethpage-based company said Thursday it earned $87 million, compared with $94.7 million in the same period last year. In line with analysts' expectations, revenue grew nearly 10 percent to $1.88 billion in the quarter, in part because of its cable and other telecommunication services.
"For...
