West Corp. (WSTC) Reports In-Line Q3 EPS

November 1, 2016 11:10 PM EDT
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West Corp. (NASDAQ: WSTC) reported Q3 EPS of $0.76, in-line with the analyst estimate of $0.76. Revenue for the quarter came in at $571.4 million versus the consensus estimate of $573.71 million.

“Our non-conferencing businesses grew 5.3 percent, with particularly strong results in our UCaaS, healthcare advocacy and interactive services businesses,” said Tom Barker, chairman and chief executive officer. “Conferencing revenue declined in the third quarter driving our consolidated revenue down 0.5 percent. Our adjusted organic revenue growth was 1 percent. We expect to finish the year with revenue and adjusted earnings per share within our original guidance ranges, albeit the low end, despite the decrease in conferencing revenue.”

For earnings history and earnings-related data on West Corp. (WSTC) click here.

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