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Cincinnati Bell Inc. (CBB) reported a second quarter adjusted loss per share of $0.27 compared to a loss of $0.13, prior year. Analysts polled by Thomson Reuters expected the company to report a loss per share of $0.24, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA totaled $107 million, an increase of 24% year-over-year.


RTTNews | Aug 6, 2020 06:44AM EDT

06:44 Thursday, August 6, 2020 (RTTNews.com) - Cincinnati Bell Inc. (CBB) reported a second quarter adjusted loss per share of $0.27 compared to a loss of $0.13, prior year. Analysts polled by Thomson Reuters expected the company to report a loss per share of $0.24, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA totaled $107 million, an increase of 24% year-over-year.

The company reported second quarter revenue was $380 million, down 4.2 percent from a year ago. Analysts expected revenue of $379.06 million for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3119030/cincinnati-bell-posts-wider-adj-loss-in-q2-revenue-down-4-2-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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