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Cincinnati Bell keeps FY outlook amid better profit figures for Q3

Thursday 7 November 2019 | 17:27 CET | News
Cincinnati Bell reiterated its full year guidance after reporting better profit figures for the third quarter. Revenues for the quarter dipped 1 percent lower to USD 382.5 million but the operating profit jumped 57 percent to USD 22.8 million and the net loss applicable to shareholders narrowed to USD 16.2 million or USD 0.32 per diluted share from a loss of 20.3 million. and 0.41 per share. The adjusted EBITDA amounted to USD 102 million.

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Categories: Fixed
Companies: Cincinnati Bell
Countries: United States
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