saw subscriber and advertising growth in its second quarter, as price increases and sports demand bolster its results.
In North America, the streaming platform saw total subscribers grow to 1.2 million, up 23 percent from the 947,000 a year ago. Revenue in North America reached $305 million, up from $216.million, with the 45 percent increase attributed to price increases at the beginning of the year and the addition of regional sports networks.
Advertising revenue in North America grew 5 percent year over year, with the company citing the growth despite continuing headwinds across ad budgets. Still, the company expects to see greater growth in the back half of the year.
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Altice USA Loses 68,000 Video Subscribers as Quarterly Earnings FallThe cable operator, led by Dennis Mathew as CEO, shrunk its video losses from a year-earlier loss of 85,000 customers.
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