Cincinnati Bell (CBB) Tops Q1 EPS by 28c

Cincinnati Bell (NYSE: CBB) reported Q1 adj-EPS of $0.22, $0.28 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $293 million versus the consensus estimate of $280.98 million.

"We are off to another great start in 2015. Our impressive Fioptics subscriber growth and strong financial results demonstrate continued demand for faster data speeds and supports our decision to accelerate our fiber investments," said Ted Torbeck, president and chief executive officer. Torbeck also added, "The team continues to execute our long-term strategy. As evidence, we recently sold another tranche of our CyrusOne investment and successfully closed our wireless operations. These were both key steps towards improving the overall health of Cincinnati Bell and our ability to generate significant sustainable cash flows."

For earnings history and earnings-related data on Cincinnati Bell (CBB) click here.

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