Cincinnati Bell (CBB) Misses Q1 EPS by 1c

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Go back to Cincinnati Bell (CBB) Misses Q1 EPS by 1c

Cincinnati Bell Reports First Quarter 2016 Results

May 5, 2016 7:15 AM EDT

HIGHLIGHTS

Strong first quarter Adjusted EBITDA1 of $77 million, with Adjusted EBITDA margins2 of 27 percentRevenue from strategic products totaled $152 million, up 21 percent compared to prior yearEntertainment and Communications revenue totaled $190 million, up $2 million from a year ago - Fioptics revenue was up 37 percent year-over-yearRecord-high first quarter Fioptics video and internet subscriber net activationsStrategic IT Services and Hardware revenue increased 18 percent compared to the prior year

CINCINNATI, May 05, 2016 (GLOBE NEWSWIRE) -- Cincinnati Bell Inc. (NYSE: CBB) today announced financial results... More