Insight Announces Year-End 2008 Results
Monday, March 2nd, 2009NEW YORK — Insight Communications Company today announced financial and operating results for the full year ended December 31, 2008.
Insight had a digital customer net gain of 58,900, the highest net gain in digital customers in the company’s history. Total digital customers at year end were 439,500, a 65% penetration of the company’s digital universe.
Operating Statistics (in thousands, except per customer and penetration data):
FY 2008 FY 2007 Q4 2008 Q4 2007 ------- ------- ------- ------- Basic Cable Homes Passed 1,317.6 1,295.1 1,317.6 1,295.1 Basic Cable Customers 707.6 673.9 707.6 673.9 Basic Cable Penetration 53.7% 52.0% 53.7% 52.0% Digital Cable Digital Universe 677.2 645.6 677.2 645.6 Digital Customers 439.5 380.6 439.5 380.6 Digital Cable Penetration 64.9% 59.0% 64.9% 59.0%
More: Earnings Release
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