Cablevision’s Q3 revenues increased 20% to $1.2 billion compared to the prior year period, based on continued strong growth at both Telecommunications Services and Rainbow Media’s Core Networks. Consolidated operating income totaled $70.1 million compared to $20.0 million in the prior year period. Some highlights for the quarter:
- 5,747,393 Revenue Generating Units, up 325,827 or 6% from June 2004 and up 1,033,088 or 22% from September 2003
- iO: Interactive Optimum digital video customers up 171,382 from June 2004 to 1,337,091
- Optimum Online HSD customers up 79,982 from June 2004 to 1,259,024
- Optimum Voice customers up 74,143 from June 2004 to 189,191
- Basic video subscribers increased 850 from June 2004 to 2,952,213
- Total cable television revenue per basic video customer up 14% to $83.89 from $73.38 in the prior year period
- VOD/SVOD average revenue of $5.00 per digital subscriber per month
- A 10% increase in advertising revenue from the prior year period
- Lightpath (business services) reported $52.5 million in net revenues, a 20% increase compared to the prior year period. Lightpath also reported an operating loss of $0.8 million in the third quarter 2004 compared to an operating loss of $3.8 million in the prior year period.
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