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Windstream Q1 Profit Decreases - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Windstream Corp. (WIN) reported that its first-quarter net income decreased to $52.3 million or $0.09 per share from $60.4 million or $0.10 per share last year. Excluding non-operational charges, adjusted earnings per share was $0.10 for the first quarter.

Total revenues and sales were $1.50 billion compared to $1.54 billion last year. Total business and consumer broadband revenues grew 2 percent year-over-year and now represent 71 percent of the company's total revenues.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit of $0.11 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.53 billion for the quarter.

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