Insight Announces Third Quarter 2008 Results
Monday, November 10th, 2008NEW YORK — Insight Communications Company today announced financial and operating results for the quarter ended September 30, 2008.
Insight Communications had a digital customer net gain of 14,400, an increase of 1,500 over net additions in Q3 2007. Total digital customers at quarter end were 420,500, a 63% penetration of the company’s digital universe.
Operating Statistics (in thousands, except penetration data):
Q3 Q2 Q3
2008 2008 2007
------- ------- -------
Basic Cable
Homes Passed 1,308.1 1,303.7 1,289.3
Basic Cable Customers 702.0 692.8 665.8
Basic Cable Penetration 53.7% 53.1% 51.6%
Digital Cable
Digital Universe 672.5 666.3 636.5
Digital Customers 420.5 406.1 365.8
Digital Cable Penetration 62.5% 61.0% 57.5%
More: Earnings Release
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