CBB Reports, Reaffirms Outlook – Analyst Blog
Zacks Market Commentaries (November 4th, 2009) Writes:
Cincinnati Bell (CBB) announced third quarter results with adjusted earnings per share of 11 cents, falling short of the Zacks Consensus Estimate by a penny. However, this was above the year-ago EPS of 10 cents.
Adjusted EPS excludes special items such as restructuring charges, loss on disposal of assets and gain on extinguishment of debt. Net income increased 4% year over year to $28 million while revenue fell 3% from the prior-year quarter to $338 million as a result of the declines across wireline and wireless segments.
Wireline Segment
The company reported wireline revenues of $191 million down 5% from the year-ago quarter. Lower voice revenues (down 14% year over year to $83 million) and long-distance revenues (down 3% to $24 million) were partially offset by an increase in revenues from data services (up 2% to $70 million).
At the end of the quarter, ...
Tags for this Post:
3g, 3G wireless service, Analyst, AT&T, broadband, Cable Tv, cent;, Cincinnati, Investing Lessons, IP, local phone services, long distance services, postpaid and prepaid wireless customers, Stocks to Watch, Tier, Time Warner, USD, Verizon, voip, Wireless Customers, Wireless Segment Revenues, wireless segment;, wireless segments;, Wireless service revenue, Zacks Market Commentaries
3g, 3G wireless service, Analyst, AT&T, broadband, Cable Tv, cent;, Cincinnati, Investing Lessons, IP, local phone services, long distance services, postpaid and prepaid wireless customers, Stocks to Watch, Tier, Time Warner, USD, Verizon, voip, Wireless Customers, Wireless Segment Revenues, wireless segment;, wireless segments;, Wireless service revenue, Zacks Market Commentaries


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
