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CenturyLink (CTL) Q4 Earnings Match Estimates, Revenues Beat
...Net income for the December quarter was $223 million or 21 cents per share against net loss of $2,412 million or loss of $2.26 per share in the year-ago quarter. The improvement was driven by operating income and lower interest expense. For 2019, net loss was $5,269 million or loss of $4.92 per share compared with net loss of $1,733 million or loss of $1.63 per share in 2018. Fourth-quarter net income (excluding integration and transformation costs, and special items) came in at $352 million or 33 cents per share compared with $394 million or 37 cents per share in the prior-year quarter. The bottom line matched the Zacks Consensus Estimate. ...
...n 2019, CenturyLink generated $6,680 million of net cash from operating activities compared with $7,032 million in 2018. For the same period, free cash flow (excluding cash integration and transformation costs, and special items) was $3,276 million compared with $4,215 million in 2018. ...
https://www.zacks.com/stock/news/763678/...quote_news
...Net income for the December quarter was $223 million or 21 cents per share against net loss of $2,412 million or loss of $2.26 per share in the year-ago quarter. The improvement was driven by operating income and lower interest expense. For 2019, net loss was $5,269 million or loss of $4.92 per share compared with net loss of $1,733 million or loss of $1.63 per share in 2018. Fourth-quarter net income (excluding integration and transformation costs, and special items) came in at $352 million or 33 cents per share compared with $394 million or 37 cents per share in the prior-year quarter. The bottom line matched the Zacks Consensus Estimate. ...
...n 2019, CenturyLink generated $6,680 million of net cash from operating activities compared with $7,032 million in 2018. For the same period, free cash flow (excluding cash integration and transformation costs, and special items) was $3,276 million compared with $4,215 million in 2018. ...
https://www.zacks.com/stock/news/763678/...quote_news
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