Cincinnati Bell Inc. Reports Third Quarter 2010 Results: EPS of $0.06

Cincinnati Bell Inc. CBB today announced financial results for the third quarter of 2010. For the quarter, revenue was $352 million, an increase of 4 percent compared to the third quarter of 2009. Operating income was $83 million, and net income for the quarter of $15 million resulted in diluted earnings per share of 6 cents. Cincinnati Bell generated adjusted earnings before interest, taxes, depreciation and amortization1 (Adjusted EBITDA) of $131 million in the third quarter, an $11 million or 9 percent increase compared to last year.