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.
For comments and feedback: editorial@rttnews.com