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Adelphia 2Q revenue rises 16.5%

-- Broadcasting & Cable, 8/21/2000

The sixth-largest cable company reported a second-quarter pro forma revenue increase of 16.5%, to $722.4 million, over last year's $620.3 million.

Adelphia's EBITDA (with telephony) grew 5.6%, to $281.4 million, from $266.3 million.

Cable losses shrank 58.3%, from $50.3 million in 1999 to a $20.9 million for second quarter 2000.

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