Telecommunications and media company Cablevision Systems Corp. (CVC) reported first-quarter net loss attributable to stockholders of $16.14 million, or $0.06 per share, as against a profit of $57.25 million, or $0.21 per share last year. On average, 9 analysts polled by Thomson Reuters expected earnings per share of $0.05 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly consolidated net revenues decreased 0.8% to $1.52 billion, from $1.535 billion reported a year back. Analysts estimated revenues of $1.64 billion for the quarter.
Cable Television first-quarter 2013 net revenues decreased 0.7% to $1.36 billion, chiefly due to lower video revenues and a drop in advertising revenues largely offset by the impact of a high-speed data price increase and continued growth of data and voice customers, compared with last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.