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CenturyLink withdraws outlook after drop in Q1 revenue, EBITDA, higher cash flow

Thursday 7 May 2020 | 11:02 CET | News
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US-based operator CenturyLink has withdrawn its 2020 guidance due to the uncertainty created by the Covid-19 pandemic. However, the company said its balance sheet and liquidity remain strong, and its networks have served well amid increased demand. For the first quarter, the operator posted a drop in revenues and EBITDA, while net profit and free cash flow were higher year-on-year. 

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Categories: Fixed
Companies: CenturyLink
Countries: United States / World
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