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Ascent Capital: 2Q Earnings Snapshot

August 7, 2019

GREENWOOD VILLAGE, Colo. (AP) _ Ascent Capital Group Inc. (ASCMA) on Wednesday reported second-quarter net income of $628.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Greenwood Village, Colorado-based company said it had net income of $50.02. Losses, adjusted for non-recurring gains, were $1.74 per share.

The home security holding company posted revenue of $128.1 million in the period.

The company’s shares closed at 79 cents. A year ago, they were trading at $2.77.

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