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Cincinnati Bell reduces net loss, lifts revenues in Q3

Thursday 5 November 2020 | 15:19 CET | News
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Cincinnati Bell narrowed its net loss in the third quarter to USD 8.2 million from a loss the year earlier of 16.2 million, on revenues rising 2 percent to USD 390 million. The adjusted EBITDA was meanwhile pretty much unchanged at USD 102 million. The results include a one-time USD million total bonus to employees, for their efforts during the coronavirus pandemic. Year-to-date operating cash totaled USD 139 million, with free cash flow at USD 27 million.

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Categories: Fixed
Companies: Cincinnati Bell
Countries: United States
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