Bethpage-Based Cablevision Earnings Fall in 3q

Summary


Cablevision Systems on Friday reported net income tumbled to $39.6 million from $112.4 million a year ago despite rising revenues, hurt by expenses related to Tropical Storm Irene and the recent acquisition of Bresnan Communications.

The Bethpage-based company said it took a $16 million hit related to the tropical storm, as well as unspecified costs related to its purchase of Bresnan last September.

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Extract


Bethpage-Based Cablevision Earnings Fall in 3q

Cablevision's earnings for the trailing nine months fell to $231.8 million, from...

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