Topic: quarterly earnings
Viacom touted its new Advanced Marketing Solutions (AMS) platform during the company’s quarterly earnings call.
Netflix turned in better key numbers in its second quarter than it did in its first, but almost all of those numbers were lower than predicted.
The announcement of a $25 million stock buyback plan helped send shares of cable operator WideOpenWest up more than 28% on Friday.
The “cable flu,” as one analyst calls the industry’s steep downward trajectory on Wall Street, got worse after the latest quarterly earnings reports.
21st Century Fox’s fiscal third-quarter revenues fell slightly to $7.42 billion, down 2% from $7.56 billion last year when the network aired Super Bowl LI.
Altice USA reported narrow revenue growth of 1.2% to $2.33 billion in the first quarter, with a testy program licensing dispute, as well as several debilitating storms, taking a toll on residential sales during the period.
Cable One reported a 28.1% surge in first quarter revenue to $265.8 million thanks partly to its brisk business services growth.
Dish Network reported a 5.9% decline in first-quarter revenue to $3.46 billion, with subscriber losses coming in at 94,000.
Will Altice USA’s first-quarter earnings report provide relief for the “cable flu” that has overtaken Wall Street? No, says analyst Craig Moffett.
Mediacom saw first-quarter revenue rise 3.4% to $478.4 million, driven by the usual combination of residential high-speed internet and business services.