3Q boost for Cablevision.(Cablevision Systems Corp.)(Brief Article)(Statistical Data Included)

Broadcasting & Cable, November, 1999

Cablevision Systems Corp. saw adjusted operating cash flow for the third quarter increase 12% on a pro-forma basis, to $251.6 million, fueled largely by pro-forma adjusted operating cash flow from cable operations of $230.5 million, up 10%. (Cablevision defines adjusted operating cash flow as operating profit before depreciation and amortization and excluding the impact of stock plan expense and year 2000 remediation costs.)

Cablevision also reported overall subscriber growth of 2.5% for the period, including 2.75% growth in its core New York market. The company's adjusted operating cash flow margin (adjusted operating cash flow divided by revenues) increase 0.4 percentage points to 43.7% compared to the same quarter last year. Cablevision also reported...

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