Technology Sector Companies Announce Second Quarter Financial Results - Research Report on CenturyLink, Frontier Communications, BCE, Windstream, and tw telecom
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NEW YORK, August 14, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting CenturyLink, Inc. (NYSE: CTL), Frontier Communications Corporation (NASDAQ: FTR), BCE, Inc. (NYSE: BCE), Windstream Corporation (NASDAQ: WIN), and tw telecom inc. (NASDAQ: TWTC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CenturyLink, Inc. Research Report
On August 7, 2013, CenturyLink, Inc. (CenturyLink) reported its financial results for Q2 2013. Operating revenues decreased 1.9% YoY to $4.5 billion. Net income was $269 million or $0.44 per diluted share, compared to net income of $74 million or $0.12 per diluted share in Q2 2012. Commenting on the results, CEO and President, Glen F. Post III, said, "We generated strong financial results for the first half of 2013 as our operating revenues were in line with and operating cash flow exceeded our expectations. We have experienced higher than expected sales trends of recurring revenue services and continue to see a strong pipeline of sales opportunities. Our cross-selling initiatives in our managed hosting segment are gaining traction and driving results." The Full Research Report on CenturyLink, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/CTL]
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Frontier Communications Corporation Research Report
On August 7, 2013, Frontier Communications Corporation (Frontier Communications) reported its financial results for Q2 2013. Revenue for the quarter was down 5.4% YoY to $1.2 billion Operating expenses decreased 5.2% YoY to $939 million. Net loss attributable to common shareholders of Frontier was $38.5 million or $0.04 per share, compared to net income attributable to common shareholders of Frontier of $18 million or $0.02 per share in Q2 2012. Commenting on the results, Chairman and CEO of Frontier Communications, Maggie Wilderotter, said, "We substantially improved our business and residential net customer losses during the quarter. We are pleased that our combined business and residential revenue in the second quarter were only 0.3% less than the first quarter of 2013 (excluding Mohave) - getting Frontier closer to our objective of growing revenue. Finally, our continuing expense management efforts allowed us to show a slight improvement in operating cash flow margins to 46.8%." The Full Research Report on Frontier Communications Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/FTR]
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BCE, Inc. Research Report
On August 8, 2013, BCE, Inc. (BCE) reported its financial results for Q2 2013. Operating revenues increased 1.5% YoY to $5.0 billion. Net earnings attributable to common shareholders were at $571 million or $0.74 earnings per share, down compared to $732 million or $0.94 earnings per share in Q2 2012. Commenting on the results, Chief Financial Officer of BCE and Bell, Siim Vanaselja, said, "We delivered a solid set of financial results in Q2, backed by continued wireless postpaid strength along with good operational progress in our wireline business and a strong contribution from our media business. Our successful closing of the acquisition of Astral supports the increased 2013 financial guidance we're announcing today. After absorbing integration and other acquisition-related costs in the second half of 2013, we expect to begin realizing the full financial benefits of this acquisition in 2014 with strong free cash flow accretion to support our dividend growth objective." The Full Research Report on BCE, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/BCE]
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Windstream Corporation Research Report
On August 8, 2013, Windstream Corporation (Windstream) reported its financial results for Q2 2013. Total revenue decreased 1.8% YoY to $1.5 billion. Net income was $39.7 million or $0.06 per diluted share, compared to net income of $51.0 million or $0.09 per diluted share in Q2 2012. Commenting on the results, President and Chief Executive Officer, Jeff Gardner, said, "Our strategy to reposition Windstream in growth areas is driving steady results. Additionally, we continue to strike a prudent balance among reinvesting in the company, paying an attractive dividend and reducing debt over time." The Full Research Report on Windstream Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/WIN]
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tw telecom inc. Research Report
On August 7, 2013, tw telecom inc. (tw telecom) reported its financial results for Q2 2013. Revenue increased 6.9% YoY to $389.5 million. Net income was $17.3 million or $0.11 per diluted share, compared to net income of $19.3 million or $0.13 per diluted share in Q2 2012. Commenting on the results, tw telecom's Chairman, Chief Executive Officer and President, Larissa Herda, said, "Our second quarter results demonstrate our ability to continue to successfully grow revenue, deliver healthy margins and generate cash flow while investing in the business, executing our growth initiatives and delivering exceptional customer service. We substantially increased our sales talent, launched new products and features and offered more innovative choices for enterprises that will further differentiate tw telecom in the marketplace. We have a comprehensive, balanced approach to win market share with numerous initiatives to increase our sales momentum and the trajectory of our revenue growth." The Full Research Report on tw telecom inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/TWTC]
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