TW Telecom, Inc. (TWTC) Maintains Buy Rating
February 09, 2010 1:35 PM
Analysts Greg Miller and Eric Z. Chu at Collins Stewart have maintained a Buy rating for TW Telecom, Inc. (NASDAQ: TWTC). Analysts have a price target of $19 for the TW Telecom stock.
The company reported results for the fourth-quarter, which came in line with expectations. The company reported revenue of $9.8 million from inter carrier compensation, which came in ahead of analysts’ estimate of $7.4 million. The higher-than-expected inter carrier compensation revenue was partially offset by lower-than-expected enterprise revenue. The company reported enterprise revenue of $230.7 million. Analysts had forecast enterprise revenue of $233.1 million.
The company reported EBITDA of $113.9 million, which came in ahead of analysts’ estimate by $3.4 million. The company reported free cash flow of $39.9 million.
