Cablevision of Bethpage reports 2Q revenue up, profits off
Cablevision Systems Corp., Bethpage
Cable TV and Internet provider; Newsday owner
Net incomE: $60.8 million compared with $87 million in the same period last year
Net revenuE: $1.8 billion compared with $1.7 billion in the year-ago quarter
Company CommenT:
Chief executive James L. Dolan said, "For the second quarter, Cablevision delivered solid increases in revenue and AOCF [adjusted operating cash flow], driven primarily by the ongoing strength of our core businesses. Both cable and Rainbow performed well over the last three months fueled, in part, by impressive double-digit
increases in advertising
revenue."
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
