Level 3 Communications Inc. (LVLT) announced that its third-quarter net loss was $170 million or $0.10 per share, compared to a net loss of $129 million or $0.08 per share, for the third quarter 2008. Consolidated revenue for the quarter was $916 million, down from $1.07 billion in the year ago quarter.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.10 per share on revenues of $926.25 million for the quarter. Analysts' estimates typically exclude special items.
Consolidated Adjusted EBITDA is expected to increase in the fourth quarter compared to our results this quarter.
The company expects Consolidated Adjusted EBITDA of $900 million to $950 million for the full year 2009. The company also expect to be about Free Cash Flow neutral for 2009 in the aggregate. In addition, Level 3 Communications continues to expect improvement in the sequential performance of Core Network Services revenue.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.