Cincinnati Bell Inc. (CBB) reported that its third-quarter net loss applicable to common shareowners narrowed to $16.2 million or $0.32 per share from $20.3 million or $0.41 per share in the prior year.
Quarterly revenue declined to $382.5 million from $386.7 million last year.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share and revenues of $381.87 million. Analysts' estimates typically exclude special items.
For fiscal year 2019, the company expects revenue to be in the range of $1.515 billion - $1.575 billion. Analysts expect the company to report revenues of $1.54 billion for fiscal year 2019.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.