Cincinnati Bell (CBB) Misses Q2 EPS by 1c
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Cincinnati Bell Reports Third Quarter 2020 Results
November 5, 2020 6:22 AM ESTHIGHLIGHTS
Consolidated revenue totaled $390 million generating operating income of $25 million Adjusted EBITDA1 was $102 million, consistent with the prior year; results include a one-time $6 million bonus to reward employees due to their efforts in minimizing the impact of the COVID-19 pandemic to the business Entertainment and Communications revenue was $241 million and Adjusted EBITDA totaled $89 million Fiber-to-the-premise (FTTP) High Speed Internet subscribers were up 20,400 in Cincinnati and 4,000 in Hawaii, compared to a year ago IT Services and Hardware revenue totaled $155 million and Adjusted EBITDA totaled $16... More