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OIBDA

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AcronymDefinition
OIBDAOperating Income Before Depreciation & Amortization


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Time Warner Cable Chief Executive Officer Glenn Britt said: "In the third quarter we grew both Revenues and Adjusted OIBDA by 4%, and we continued to generate a considerable amount of cash.
Adjusted OIBDA for the second quarter of 2009 excludes restructuring costs of $7 million, separation-related "make-up" equity award costs of $2 million and a $2 million gain arising out of a post-closing working capital adjustment related to a fourth quarter of 2008 sale of cable systems.
There is no change to our overall market outlook and we do expect to be OIBDA profitable in both the second quarter and for the full year.
 
 
 
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