07.05.2014 22:21:47
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Tw Telecom Profit Falls About 26% On Expenses - Quick Facts
(RTTNews) - tw telecom inc (TWTC) Wednesday reported first-quarter net earnings of $9.8 million or $0.07 per share compared with $13 million or $0.11 per share last year. Results were mainly impacted by higher depreciation expense, the company said.
Revenues for the quarter were up 7% at $408.3 million compared with $381.2 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.10 per share on revenues of $407.13 million for the quarter. Analysts' estimates typically exclude special items.
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