Cincinnati Bell (CBB) Misses Q1 EPS by 1c

Cincinnati Bell (NYSE: CBB) reported Q1 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $289 million versus the consensus estimate of $295.04 million.

Fioptics video subscribers totaled 120,000 at the end of the first quarter, up 24,200 compared to the same period in 2015. Total internet subscribers were at a record-high 292,400 subscribers at the end of the first quarter, up 19,700 compared to a year ago. In the first quarter of 2016, we passed an additional 21,700 units with Fioptics, which is now available to 454 thousand addresses within Greater Cincinnati.

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

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