Cincinnati Bell Inc. Bottom Line Rises 255% In Q3

(RTTNews) - Cincinnati Bell Inc. (CBB) revealed a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line advanced to $7.1 million, or $0.03 per share. This was higher than $2.0 million, or $0.01 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.5% to $299.8 million. This was down from $301.4 million last year.

Cincinnati Bell Inc. earnings at a glance:

-Earnings (Q3): $7.1 Mln. vs. $2.0 Mln. last year. -Earnings Growth (Y-o-Y): 255.0% -EPS (Q3): $0.03 vs. $0.01 last year. -EPS Growth (Y-o-Y): 200% -Revenue (Q3): $299.8 Mln vs. $301.4 Mln last year. -Revenue Change (Y-o-Y): -0.5%

-Guidance: Full year revenue guidance: $1.1 Bln