Cincinnati Bell (CBB) Tops Q4 EPS by 11c

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Cincinnati Bell Reports Fourth Quarter and Full Year 2015 Results

February 18, 2016 7:32 AM EST

HIGHLIGHTS

Strategic revenue increased more than 20 percent compared to the prior year - consolidated revenue was up 1 percent year-over-yearEntertainment and Communications segment generated annual revenue growth for the second consecutive year - Fioptics revenue increased 34 percent compared to 2014Adjusted EBITDA1 totaled $302 million - high-end of the 2015 guidance rangeRecord-high 40 thousand Fioptics internet and 23 thousand video net activations in 2015Strategic IT Services and Hardware revenue increased 29 percent year-over-yearProceeds from the monetization of our CyrusOne investment totaled $644 million in 2015

CINCINNATI, Feb. 18, 2016 (GLOBE NEWSWIRE) --... More