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Cablevision Delays Q2
Cablevision Systems Corporation will not release full second quarter financial information at this time
August 8, 2006
1 Min Read
BETHPAGE, N.Y. -- Cablevision Systems Corporation (NYSE:CVC - News) today reported that, because of the results of an ongoing stock options review and an expected restatement of financial results (as described below), the Company will not release full second quarter financial information at this time. The Company did release the following selected operating and financial measures for the second quarter ended June 30, 2006:
Consolidated net revenue growth of 15.6% to more than $1.4 billion as compared to the second quarter of 2005
Quarterly Revenue Generating Unit ("RGU") growth of more than 385,000 new video, high-speed data and voice units; the Company's highest second quarter RGU gain ever
Ninth consecutive quarter of basic video subscriber gains
Cable Television net revenue growth of 17.9% as compared to the second quarter of 2005
Average Monthly Revenue per Basic Video Customer ("RPS") of $109.01
Cablevision Systems Corp. (NYSE: CVC)
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