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Cablevision Holding S.A. (CVHSY) is a leading Argentine provider of convergent telecommunications services, delivering integrated cable TV, broadband, and mobile solutions. This dedicated news hub aggregates official updates and market developments for investors tracking the company's operational and financial trajectory.
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Cablevisión Holding S.A. (BCBA:CVH)(OTC PINK:CVHSY) has announced a webcast presentation scheduled for Wednesday, August 14, 2024, at 11:30 am Eastern Time (12:30 pm Buenos Aires time) to discuss its Second Quarter 2024 Earnings Results. The presentation will be conducted in English and will be based on the earnings release, which is set to be distributed on Monday, August 12, 2024, after the markets close.
Investors and interested parties can access the live stream and slide presentation through the provided link. Additionally, the webcast presentation will be made available on the company's investor relations website for those unable to attend the live event.
Cablevisión Holding announced its First Quarter 2024 Results, with total revenues decreasing by 17.9% compared to the same period in 2023 due to inflation. EBITDA decreased by 17.8% with a 30.2% margin. Consolidated Net Income reached Ps. 673,848 million, with a decrease in real terms.
Cablevisión Holding S.A. will host a webcast presentation to discuss its First Quarter 2024 Earnings Results on May 14, 2024. The presentation will be in English and based on the earnings release distributed on May 10, 2024. Investors can access the live stream and slide presentation via the provided links.
Cablevisión Holding S.A. (CVHSY) reported its Nine months and Third Quarter 2021 Results, showing total revenues at Ps. 292,983 million, a 7.7% decrease from 2020, mainly due to lower earnings in mobile, internet, telephony, and cable TV. Operating costs fell by 3.2% to Ps. 197,818 million, with significant reduction in bad debt expenses. EBITDA decreased 15.9% to Ps. 95,165 million, resulting in a lower margin of 32.5%. Consolidated net income turned positive at Ps. 1,392 million, with equity shareholders' net income of Ps. 509 million.
Cablevisión Holding S.A. (CVHSY) reported its 1H21 results, showing a 8.6% decrease in total revenues, which totaled Ps. 180,018 million. This decline is attributed to lower earnings from mobile, internet, fixed telephony, and cable TV services, compounded by inflation rates of 50.2% over the year. Consolidated net loss reached Ps. 1,883 million, a shift from a profit of Ps. 3,246 million in 1H20. The EBITDA margin fell to 33.9%, down from 36.4% in the prior year, reflecting the challenging economic environment.
Cablevisión Holding S.A. (CVHSY) reported its 1Q21 results, indicating a 7.8% decrease in total revenues to Ps. 82,547 million compared to 1Q20. This decline stemmed from lower revenues across mobile, internet, and cable services, despite a rise in equipment sales. Total costs fell by 9.7% to Ps. 52,564 million. EBITDA decreased 4.3% to Ps. 29,983 million, yielding an EBITDA margin of 36.3%. Net income amounted to Ps. 8,955 million, reflecting a 126.3% increase in losses attributable to the controlling company.
Cablevisión Holding (CVHSY) reported its 2020 financial results. Total revenues decreased by 6.5% to Ps. 301,596 million, affected by lower income from internet, cable TV, and fixed telephony. Despite a revenue decline, EBITDA saw a smaller dip of 1.8%, reaching Ps. 102,642 million, with an improved EBITDA margin of 34.0%. The consolidated net loss was Ps. 5,874 million, a 16.8% improvement compared to 2019. Price increases for services were suspended during the pandemic, impacting revenue growth.
Cablevision Holding (CVHSY) announced its financial results for the first half and second quarter of 2020. Total revenues decreased by 3.0% to Ps. 131,158 million, impacted by lower sales in equipment, internet, and cable services, although partially offset by higher mobile service revenues. Total costs dropped by 7.3%, leading to an EBITDA increase of 5.5% to Ps. 47,714 million, with an EBITDA margin of 36.4%. However, consolidated net income fell by 76.1% to Ps. 2,161 million, with net income attributable to shareholders down 71.7% to Ps. 879 million.
Cablevisión Holding S.A. will host a conference call and webcast on August 26, 2020, at 1:00 pm ET to discuss its Q2 2020 Earnings Results. The earnings release will be available on August 19, 2020, after market close. Participants can join by dialing 1-877-830-2576 (U.S.) or +1-785-424-1726 (international) 5-10 minutes prior to the start. Access to the live stream is available here. A replay will be available for seven days post-event. Cablevisión specializes in telecommunication services in Argentina.
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