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Crown Castle International Q3 Loss Narrows - Quick Facts 1

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

Crown Castle International Corp. (CCI) announced that its third-quarter net loss attributable to CCIC stockholders after deduction of dividends on preferred stock was $36.8 million , compared to a net loss attributable to CCIC stockholders after deduction of dividends on preferred stock of $37.4 million for the same period in 2008. Net loss attributable to CCIC common stockholders per common share was $0.13 for each of the third quarter of 2009 and the third quarter 2008.

Total revenue for the third quarter increased 12% to $429.1 million from $384.3 million in the same period in 2008.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.04 per share on revenues of $419.06 million for the quarter. Analysts' estimates typically exclude special items.

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