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Cincinnati Bell Inc.
Cincinnati Bell Delivers Revenue and Earnings Growth in 2008
February 22nd, 2009
Cincinnati Bell Inc. (NYSE:CBB) announced financial results for the full year and fourth quarter 2008. For the year, revenue of $1.4 billion represented an increase of $54 million or 4 percent over 2007. Operating income was $305 million with net income of $103 million and earnings per share on a diluted basis of 38 cents. Net income excluding special items1, which is detailed in the attached financial information, was $107 million or 40 cents per diluted share, up $11 million or 7 cents per diluted share from 2007 also excluding special items. Adjusted earnings before interest, taxes, depreciation and amortization2 (Adjusted EBITDA) equaled $480 million, an increase of $7 million or 2...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-22)
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