TITLE

A NET PLUS FOR RCN

PUB. DATE
March 2007
SOURCE
Multichannel News;3/26/2007, Vol. 28 Issue 13, p43
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports the financial performance of cable operator RCN Corp. in the U.S. According to media analyst David Joyce of Miller Tabak & Co., he maintains a $30 price target on RCN after the cable-system overbuilder reports strong fourth quarter results in 2006. The revenue growth of 13% of the company, as well as the 54% operating cash flow growth in the fourth quarter, has forced Joyce to adjust his free cash flow estimate to $17 million.
ACCESSION #
24978424

 

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