Cablevision Systems Q1 Profit Down - Quick Facts

(RTTNews) - Cablevision Systems Corp. (CVC) reported that its net income attributable to stockholders for the first quarter ended March 31, 2015 declined to $44.63 million from the last year's $89.76 million, with earnings per share decreasing to $0.16 from $0.33 in the prior year.

Income from continuing operations was $0.20 down from $0.34 in the previous year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share for the quarter. Analysts' estimates typically exclude special items.

But, net revenues for the quarter grew to $1.61 billion from $1.58 billion in the prior year. Wall Street expected revenues of $1.60 billion.