Windstream WIN reported a 22% drop in its second-quarter earnings.
Windstream's quarterly profit fell to $39.7 million, or $0.06 per share, from $51 million, or $0.09 per share, in the year-ago period.
Its revenue dropped 1.8% to $1.51 billion. However, analysts were expecting earnings of $0.09 per share on revenue of $1.51 billion.
Windstream's operating margin narrowed to 15.1% from 15.2%.
Windstream shares closed at $8.60 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in