Plus   Neg

Cincinnati Bell Reaffirms FY19 Outlook - Quick Facts

While reporting financial results for the first quarter, Cincinnati Bell Inc. (CBB) on Wednesday reaffirmed it's previously provided full year 2019 guidance for revenue and adjusted EBITDA.

For fiscal 2019, the company continues to project revenues in a range of $1.515 billion to $1.575 billion and adjusted EBITDA in a range of $400 million to $410 million.

On average, analysts polled by Thomson Reuters expect the company to report revenues of $1.54 billion for the year. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Snap Inc. (SNAP) Tuesday reported a narrower loss for the second quarter that also was better than Wall Street's expectations, as revenues surged on strong user growth. The company issued a strong revenue guidance for the current quarter, sending its shares up 10 percent in after-hours trade. California-based... Shares of Texas Instruments Inc. (TXN) gained over 6% in extended trading session on Tuesday after the analog chip maker reported a second-quarter profit and revenue that trumped analysts' expectations. The company also issued a strong financial outlook for the third quarter. Dallas, Texas-based Texas... Justin Sun, the entrepreneur who founded the cryptocurrency platform TRON, has postponed his charity lunch with billionaire investor Warren Buffett due to ill health. "TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones....
Follow RTT