Windstream Holdings Inc. (WIN) is a leading rural local exchange carrier in the U.S. The company offers broadband, telephony and digital TV services to consumers primarily in rural areas. Windstream also provides advanced network communications such as cloud computing and managed services to business enterprises.
Windstream currently carries a Zacks Rank #3 (Hold). We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Windstream reported narrower than expected Q2 loss estimate. Our consensus loss estimate called 61 cents per share and the company posted loss of 48 cents per share.
Revenue: Windstream reported total revenue of $1,419 million, above the Zacks Consensus estimate of $1,417 million.
Key States to Note: In the reported quarter, Windstream lost 2.9% high speed internet customers and 5.5% digital television customers. At the end of second quarter, the company had 1,573,800 voice lines customers.
Check back later for our full write up on this Windstream earnings report later!
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