Windstream Holdings Inc. (fka WINMQ)

[MCArmel1]

Windstream misses by $0.01, revenue in-line

Nov 6 2014, 07:12 ET | About: Windstream Holdings, Inc. (WIN) | By: Mohit Manghnani, SA News Editor

Windstream (NASDAQ:WIN): Q3 EPS of $0.03 misses by $0.01.
Revenue of $1.46B (-2.7% Y/Y) in-line.
Press Release

http://seekingalpha.com/news/2100755-windstream-misses-by-0_01-revenue-in-line?uprof=45#email_link


Windstream Reports Third-Quarter Results
Thu November 6, 2014 7:00 AM|GlobeNewswire | About: WIN

LITTLE ROCK, Ark., Nov. 6, 2014 (GLOBE NEWSWIRE) -- Windstream (Nasdaq:WIN) today reported third-quarter results, highlighted by continued growth in enterprise and small-business revenues and solid performance in the consumer channel.

"Enterprise and small-business revenues grew sequentially and year-over-year, driven by solid enterprise sales. Our consumer channel also delivered another strong quarter," said Jeff Gardner, president and CEO. "Windstream's cash flow generation remains strong, and we expect to achieve our financial targets for 2014."

Pro Forma Financial Results

Total revenues and sales were $1.46 billion in the third quarter, a decline of 2.9 percent from the same period a year ago.

Enterprise and small business service revenues were $752 million, a slight increase sequentially and year-over-year. Data and integrated services revenues grew 4 percent in the third quarter from the same period a year ago to $423 million due to sales of IP-based solutions and next generation data. Data center and managed services revenues, which total approximately $32 million, increased 21 percent from the same period a year ago.

Enterprise customer locations grew 3.6 percent from the same period a year ago, and average revenue per business customer increased 10 percent year-over-year.

More...

http://seekingalpha.com/pr/11591775-windstream-reports-third-quarter-results