Cablevision Systems Q2 Profit From Cont. Ops. Rises - Quick Facts

(RTTNews) - Cablevision Systems Corp. (CVC) reported that its second-quarter income from continuing operations increased to $91.03 million or $0.34 per share, from $28.22 million or $0.11 per share, last year.

Net income attributable to stockholders was $94.21 million or $0.35 per share, for the quarter. Consolidated operating income increased 29.4% year-over-year to $255.9 million.

On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.

Revenues, net, increased to $1.63 billion from $1.57 billion, a year ago. Analysts expected revenue of $1.60 billion for the quarter.