Mediacom Q2 results

8 Aug 2008

US cable operator Mediacom Communications reported a profit for the second quarter to 30 June 2008 of USD20.93 million compared to a loss of USD6.64 million for the same period in 2007. Operating income grew 13.7% to USD69.33 million from USD60.96 million in the second quarter last year. The company said the turnaround was largely due to an increase in revenues from high speed data and phone customers. Revenues for the quarter were USD349.50 million, up 7.6% from USD324.73 million twelve months previously. High speed data revenues rose 15.4% to USD80.11 million, and phone revenues grew 67.1% to USD22.19 million. Monthly average revenue per user (ARPU) increased 10% to USD88.02.

United States, Mediacom Communications