Business

Cablevision posts loss, stock falls

Advertisement

Cablevision Systems Corp. posted a quarterly loss for the first time in three-plus years ($3.8 million, or 1 cent per share) as programming expenses rose and it booked debt-refinancing charges. The company is struggling with Superstorm Sandy’s aftermath; more than 500,000 of its customers have no power. Last year, it booked a charge of $16 million for Hurricane Irene damage.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com