Telecomunicaciones y tecnología
Time Warner Cable profit rises 19.5 percent
Net income attributable to common shareholders rose to $479 million, or $1.70 per share, in the first quarter ended March 31, from $401 million, or $1.34 per share, a year earlier.
Excluding items, the company earned $1.78 per share ? above analysts' average expectation of $1.68 per share, according to Thomson Reuters I/B/E/S.
Revenue rose 2 percent to $5.58 billion. Analysts were expecting $5.64 billion. The company said it lost 34,000 residential video customers in the quarter on a net basis.
Time Warner Cable will be acquired in a $45.2 billion deal by Comcast once regulators approve the transaction.
(Reporting by Soham Chatterjee; Editing by Joyjeet Das)