Cincinnati Bell (CBB) Misses Q3 EPS by 15c, Revenues Miss; Raises FY18 Revenue Mid-Point Outlook Above Consensus
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Cincinnati Bell Reports Third Quarter 2018 Results
November 8, 2018 6:09 AM ESTHIGHLIGHTS
Consolidated revenue totaled $387 million with strong Adjusted EBITDA1 of $105 million Completed merger with Hawaiian Telcom on July 2, 2018, a major step toward building scale and locking in fiber density value for shareholders and customers Hawaiian Telcom revenue totaled $87 million which generated Adjusted EBITDA of $23 million, up 4% compared to the prior quarter Cincinnati Fioptics revenue totaled $86 million, up 9% from a year ago IT Services and Hardware Adjusted EBITDA totaled $17 million, up $7 million from the prior year Cash provided by operating... More