Time Warner Cable Inc (TWC), whose merger with Comcast recently fell through thanks to fierce FCC and consumer opposition, unveiled its first quarter 2015 financials on Thursday morning before the stock markets opened, reporting earnings of $1.65 per share (EPS) on $5.78 billion in revenue.
Wall Street analysts had forecast EPS of $1.88 on $5.8 billion in revenue, according to Yahoo Finance. CNN Money had forecast the same. Year-over-year, revenue was up 3.5 percent.
In the first quarter, the U.S. cable operator had its first net gain in video subscribers since 2009, adding 30,000 subscribers. TWC also had net additions of 315,000 in high-speed data — its best number since the first quarter of 2007.