Dolan commented: "For the first quarter of 2011, Cablevision generated strong increases in revenue and AOCF
This information should be read in conjunction with the reconciliation of AOCF
to net income on page 7 of this release:
Despite the economic downturn, the company reported full year, double-digit increases in revenue and AOCF
Dolan commented: "For the third quarter, Cablevision reported double-digit increases in revenue and AOCF
, despite the current economic conditions.
Rainbow achieved double-digit revenue and AOCF
growth for the quarter due primarily to a significant increase in advertising revenue, while MSG generated strong revenue growth of its own," concluded Mr.
Dolan commented: "Cablevision had a very solid start to 2008 with strong gains in net revenue and AOCF
, fueled largely by continuing growth in the company's core cable business.
Meanwhile, Rainbow National Services achieved strong revenue growth and double-digit AOCF
growth, driven largely by significant increases in both advertising and affiliate revenue.
The ongoing strength of our core businesses continued to drive the company's results, which included solid revenue growth and double-digit increases in AOCF
for both the fourth quarter and full year.
In addition to an increase in revenue, the company reported an impressive gain in AOCF
fueled by continuing growth across all of our key businesses - cable, Rainbow and MSG.
Dolan commented: "Cablevision's growth continued in the fourth quarter and contributed to solid full-year increases in revenue and AOCF
Third quarter 2009 AOCF
and operating income include favorable adjustments of $25.
Second quarter 2010 AOCF
and operating income were favorably impacted by a $23 million programming cost adjustment related to prior years.