Lumos Networks (LMOS) Tops Q1 EPS by 12c
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Lumos Networks Corp. Reports First Quarter 2016 Results
May 5, 2016 7:02 AM EDTFirst Quarter 2016 Highlights:
Year-over-year growth in consolidated revenues and Adjusted EBITDA $50.8 million total revenue, up nearly 1% $23.1 million Adjusted EBITDA, up nearly 3% Operating income $3.1 million for the quarter and net loss of $2.9 million, or ($0.13) per diluted share Update on Creation of Pure-Play Fiber Entity Efforts to separate legacy assets continue with consultants fully engaged Continue to expect articulation of separation plan alternatives by the third quarter of 2016 earnings call Total 1Q16 Data revenue of $29.6 million, up... More