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Article: Cincinnati Bell Delivers Strong Revenue and Margin Growth; Wireless, Value-Added Services, Broadband Lead Revenue Gains.
- Article from:
- Business Wire
- Article date:
- October 22, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CINCINNATI--(BUSINESS WIRE)--Oct. 22, 1999--
Cincinnati Bell Inc. (NYSE:CSN) today reported sharp increases in revenues, EBITDA and earnings per share for the third quarter, compared with the same period last year.
For the quarter, revenues increased 18 percent to $262.4 million, EBITDA increased 21 percent to $91.6 million, and EPS from continuing operations increased 47 percent to 22 cents.
"I am very pleased with these excellent results," Cincinnati Bell President and CEO Rick Ellenberger said. "We continue to attack our Midwest market opportunities aggressively, generating strong demand for our wireless, data, e-commerce and value-added ...