15.02.2017 13:23:16

Cincinnati Bell Inc. Q4 Earnings Decline 74%

(RTTNews) - Cincinnati Bell Inc. (CBB) released a profit for fourth quarter that dropped from last year.

The company said its bottom line came in at $0.5 million, or $0.01 per share. This was lower than $1.9 million, or $0.05 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 1.4% to $285.3 million. This was down from $289.3 million last year.

Cincinnati Bell Inc. earnings at a glance:

-Earnings (Q4): $0.5 Mln. vs. $1.9 Mln. last year. -Earnings Decline (Y-o-Y): -73.7% -EPS (Q4): $0.01 vs. $0.05 last year. -EPS Decline (Y-o-Y): -80.0% -Revenue (Q4): $285.3 Mln vs. $289.3 Mln last year. -Revenue Change (Y-o-Y): -1.4%

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