Cincinnati Bell Inc. Q2 Earnings Advance 36%

(RTTNews) - Cincinnati Bell Inc. (CBB) released a profit for its second quarter that gained ground from last year.

The company said its bottom line totaled $3.0 million, or $0.07 per share. This was higher than $2.2 million, or $0.05 per share, in last year's second quarter.

The company said revenue for the quarter fell 1.7% to $294.0 million. This was down from $299.2 million last year.

Cincinnati Bell Inc. earnings at a glance:

-Earnings (Q2): $3.0 Mln. vs. $2.2 Mln. last year. -Earnings Growth (Y-o-Y): 36.4% -EPS (Q2): $0.07 vs. $0.05 last year. -EPS Growth (Y-o-Y): 40.0% -Revenue (Q2): $294.0 Mln vs. $299.2 Mln last year. -Revenue Change (Y-o-Y): -1.7%

-Guidance: Full year revenue guidance: $1.2 Bln