Cincinnati Bell Inc. (CBB) reported that its third-quarter net income applicable to shareowners increased to $25.1 million or $0.12 per share from $24.0 million or $0.10 per share a year ago.
On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.12 per share for the quarter. Analysts' estimates typically exclude special items. Revenue decreased to $337.7 million from $346.5 million last year. Analysts expected revenue of $329.10 million for the quarter.
Cincinnati Bell reaffirmed its guidance for fiscl 2009. The company expects fiscal 2009 revenue in the range of $1.3 billion-$1.4 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.