Shares of Cincinnati Bell (NYSE: CBB) were unchanged in pre-market trading after the company reported fourth quarter results.
Quarterly results
Earnings per share rose 36.36% year over year to ($ 0.14), beating the estimate of ($ 0.20).
Revenue of $ 410,300,000 increased 5.10% year over year, beating the estimate of $ 385,880,000.
looking ahead
The company has not yet issued the profit forecast.
The company has not yet issued the sales policy.
Price action
The company’s 52-week high was $ 16.05
The company’s 52-week low was $ 11.66
Price development compared to the last quarter: increase of 0.92%
Company profile
Cincinnati Bell Inc provides wired and wireless telecommunications services in Cincinnati, Ohio and surrounding markets in Kentucky and Indiana. The company operates in two segments. The entertainment and communication segment offers consumers and businesses high-speed data, video and voice solutions over an expanding fiber optic network and an old copper network. The IT Services and Hardware segment offers the sale and service of efficient end-to-end communication and IT systems and solutions in the USA, Canada and Europe. The company generates a significant part of its sales with the provision of voice and data services via access lines.
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