Summary:

Cablevision (NYSE: CVC) posted a $6.6 million profit in Q4, compared to the year before’s net loss of $23.9 million. On the revenue front, C…

Cablevision (NYSE: CVC) posted a $6.6 million profit in Q4, compared to the year before’s net loss of $23.9 million. On the revenue front, Cablevision gained 10.8 percent in the quarter, coming in $1.8 billion. The earnings release comes a few days after reports began to circulate that the Bethpage, N.Y. cable operator was looking at a variety of ways to boost shareholder value, including the possible sale of its Rainbow Media Holdings programming unit. Additionally, the move comes several months after shareholders rejected the Dolan family

Comments have been disabled for this post