Cox Sets Low 2001 Goal
By BroadCasting & Cable Staff -- Broadcasting & Cable, 2/11/2001 7:00:00 PM
Cox Communications surprised investors by forecasting just 12% to 13% growth in cash flow this year.
The forecast was part of the company's fourth-quarter report, which cited a 13% boost in revenues, to $945 million, and a 14% rise in cash flow, to $386 million. The company attributed the results to slower growth in basic subscriber and phone hook-ups.
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