Cablevision Systems (CVC) Misses Q4 EPS by 3c

Cablevision Systems (NYSE: CVC) reported Q4 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.64 billion.

Cablevision CEO James L. Dolan said, “2015 marked a turning point for Cablevision in several ways. We increased total Cablevision customer relationships and ended the year with more high-speed data customers than ever before in the nation’s most competitive telecommunications market. Cablevision’s improved operational performance demonstrates our continued execution of strategic initiatives, including competing on value rather than price, providing better products and services, and delivering a superior customer experience. We continue to move full speed ahead towards the completion of our transaction with Altice, and we are proceeding through the regulatory process as expected.”

For earnings history and earnings-related data on Cablevision Systems (CVC) click here.

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