Windstream (WIN) Posts Smaller-than-Expected Q3 Loss

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Windstream Reports Third-Quarter Results

November 5, 2015 6:59 AM EST

Total revenue of approximately $1.5 billion grew sequentially Enterprise service revenue of $501 million, up $15 million sequentially and 5 percent year-over-year Data center sale proceeds to accelerate network modernization and enable debt reduction Completed $20 million, or 25 percent, of share repurchase plan and repurchased $290 million of high-coupon bonds

LITTLE ROCK, Ark., Nov. 5, 2015 (GLOBE NEWSWIRE) -- Windstream (NASDAQ: WIN) today reported its third-quarter results highlighted by continued improvements in financial trends, demonstrated by sequential revenue growth.

"The Windstream team is executing on all facets of our strategy and driving progress," said Tony Thomas,... More