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Cablevision Posts Big First Quarter Profits

May 6, 2010  •  Post A Comment

The nation’s fifth-largest cable TV operator, Cablevision Systems Corporation, announced today a 25% boost in its dividend, thanks to a tripling in first-quarter net income from additional cable, phone and Internet customers, according to the AP.

Cablevision posted earnings of 24 cents per share — $74.2 million — for the first three months of the year.

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