Cablevision Q1 Loss Widens - Quick Facts
Posted on Thursday, May 08, 2008 8:30 AM
(RTTNews) - Cablevision Systems Corp.
(CVC) reported a first-quarter net loss of $31.61 million or $0.11 per share, compared to a loss of $26.28 million or $0.09 per share in the same quarter last year. On average, 11 analysts polled by First Call/Thomson Financial expected earnings of $0.02 per share.
Net revenues for the quarter rose to $1.72 billion from $1.56 billion in the comparable quarter a year-ago. Nine Wall Street analysts’ consensus revenue estimate came in at $1.70 billion.
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