Cablevision Posts Higher Quarterly Profit

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NEW YORK (Reuters) - Cablevision Systems Corp posted higher quarterly profit Wednesday as it added more Internet and phone customers.

Fourth-quarter net profit was $113.9 million, or 38 cents a share, compared with $78.4 million, or 26 cents a share a year before.

Revenue rose 5.7 percent to $1.87 billion. (Reporting by Yinka Adegoke, editing by Gerald E. McCormick)