Stocks/Earnings

Outdoor Has Mixed Q4

Revenue Up 8%, Cash Flow Dips 19% As Advertising Expense Triples
By: Mike Farrell Mar 18 2013 - 3:46pm
Revenue Up 8%, Cash Flow Dips 19% As Advertising Expense Triples

Revenue at Outdoor Channel rose 8% in the fourth quarter to $25.4 million, but increased advertising expenses to promote new shows helped drive cash flow down 19% in the period to $6.1 million.

Total operating expenses were up 26% in the quarter, driven primarily by a $2.3 million rise in advertising costs to promote its new programming slate launched in December and the network itself to new subscribers. Advertising expense for the quarter was about $3.3 million, triple the nearly $1 million Outdoor spent on advertising in the same period of 2011.

HSD, Ads Drive Suddenlink Q4

Revenue Rises 7.1%, EBITDA Rises 12.1%
By: Mike Farrell Mar 7 2013 - 2:58pm
Revenue Rises 7.1%, EBITDA Rises 12.1%

Suddenlink Communications reported strong revenue and cash flow growth in the fourth quarter, fueled by gains in high-speed data customers and a double-digit increase in advertising revenue.

Cable Rings TiVo’s Register

DVR Firm’s Service Revenue from Cable Providers Jumps 83%
By: Todd Spangler Mar 4 2013 - 1:00am
DVR Firm’s Service Revenue from Cable Providers Jumps 83%

TiVo is steadily pocketing more dollars from cable operators — although its declining retail subscriber base still brings in more than three times the recurring revenue.

The digital video recorder company posted an 83% jump in provider-related service revenue for the quarter that ended Jan. 31 to $8.2 million, compared with $27.4 million in service revenue from TiVo-owned subs.

Revenue, Cash Flow Rises At Mediacom

Basic Subs Decline, But HSD, Phone Drive Growth
By: Mike Farrell Mar 1 2013 - 3:01pm
Basic Subs Decline, But HSD, Phone Drive Growth

Mediacom Communications grew revenue by about 3% in the fourth quarter, fueled mainly by gains in high-speed data and phone customers.

The small and medium-sized market MSO, which has about 1 million customers in the Midwest and Southeast regions of the country, reported combined revenue in its Mediacom Broadband and Mediacom LLC units of $400.3 million in the period, up 3.4% from the prior year. Adjusted operating income before depreciation and amortization was up slightly  at the units to $158.3 million.

Sandy Wallops Cablevision’s Q4

Superstorm Outages Drives AOCF Down 44%
By: Mike Farrell Feb 28 2013 - 1:23pm
Superstorm Outages Drives AOCF Down 44%

Adjusted operating cash flow plunged 44% at Cablevision Systems in the fourth quarter, driven mainly by losses incurred in the aftermath of Superstom Sandy, which devastated the entire East Coast in October, causing billions of dollars of damage in several states and taking more than 125 lives in the eastern part of the country.

Mixed Q4 for Starz

Revenue Declines 2% But Subs Up in the Period
By: Mike Farrell Feb 27 2013 - 6:38pm
Revenue Declines 2% But Subs Up in the Period

The decision not to renew its Netflix distribution deal dinged revenue growth at Starz in the fourth quarter, but subscribers to its flagship premium channel rose by 400,000 to 21.2 million.

TiVo's Cable Operator Revenue Jumps in Q4

Its Largest MSO Customer, Virgin Media, Added Nearly 900,000 Subs in 2012
By: Todd Spangler Feb 26 2013 - 7:33pm
Its Largest MSO Customer, Virgin Media, Added Nearly 900,000 Subs in 2012

TiVo’s revenue from cable operator customers increased by 83% for the quarter that ended Jan. 31, 2013 -- although the $8.2 million in subscription revenue generated from MSOs in the period represented just 9% of its total sales, and the company posted a net loss.

The DVR company added 222,000 net new customers through cable partners during the period, its fourth quarter of fiscal 2013, to reach 2.12 million. It lost 13,000 TiVo-owned subs to stand at 1.03 million.

Rutledge: Optimum West Is 2 Years Ahead of Charter

CEO Says Former Bresnan Ops Offer Glimpse Into What Charter Could Be
By: Mike Farrell Feb 22 2013 - 12:25pm
CEO Says Former Bresnan Ops Offer Glimpse Into What Charter Could Be

On the heels of its agreement to purchase Cablevision Systems’ Optimum West properties for $1.6 billion, Charter Communications CEO Tom Rutledge said the former Bresnan Communications systems offer a window into what the Stamford, Conn.-based MSO could be.

Commercial, HSD Gains Drive Charter Q4

Video Losses Improve
By: Mike Farrell Feb 22 2013 - 9:59am
Video Losses Improve

Charter Communications lost about 36,000 basic video customers in the fourth quarter, an 18% improvement over the prior year, and gains in commercial services revenue and high-speed data helped drive overall results in the period.

Revenue increased 4.3% in the period to $1.9 billion as cash flow edged up 1.7% to $698 million, mainly fueled by a 9% rise in high-speed data sales and a 20% gain in commercial services revenue. It was the seventh consecutive quarter of 20% growth or greater in the segment.

Mixed Q4 For Dish

Net New Subs Miss Targets, Revenue In Line
By: Mike Farrell Feb 20 2013 - 11:57am
Net New Subs Miss Targets, Revenue In Line

Dish Network added fewer than expected net new customers in the fourth quarter, but the satellite TV giant was closer to analysts’ estimates for financial metrics and disclosed for the first time its broadband customer numbers.

Syndicate content