Lumos Networks (LMOS) Tops Q2 EPS by 2c
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Lumos Networks Corp. Reports Second Quarter 2016 Results
August 3, 2016 7:01 AM EDTOn a YoY Basis, Overall Revenue up 3%, Data Revenue up over 10%, FTTC up 36% and Enterprise up 14%
Second Quarter 2016 Highlights:
Year-over-year growth in consolidated revenues, operating income and Adjusted EBITDA $52.4 million total revenue, up nearly 3% $9.7 million in operating income, up nearly 5%, and net income down to $1.2 million, or $0.05 per diluted share $23.8 million Adjusted EBITDA, up nearly 5% Total 2Q16 Data revenue of $31 million, up over 10% year-over-year Continue to expect Data revenue growth of 8-10% in 2016... More