Cablevision turns profit
March 3, 2008
Cablevision Systems says it swung to a profit in the fourth quarter from a loss a year ago as it added more Internet and phone customers. Cablevision earned $6.6 million in the quarter, compared with a loss of $23.9 million a year ago. Revenues rose 10.8 per cent to $1.84 billion from $1.66 billion.
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