— CenturyLink Inc. (NYSE: CTL) reported its third-quarter 2019 adjusted earnings of $0.31 per share versus $0.33 per share expected.
— Operating revenue declined by 4% to $5.61 billion versus $5.54 billion expected.
— Revenue from International and Global Accounts rose by 1% while that from Small and Medium Business declined by 6%. Enterprise revenue increased by 3% year-over-year.
— Revenue from Wholesale dropped by 7% and that from Consumer fell by 9%.
— Looking ahead into the full year 2019, the company expects adjusted EBITDA in the range of $9 billion to $9.2 billion and free cash flow in the range of $3.1 billion to $3.4 billion.
— Capital expenditures are anticipated to be in the range of $3.5 billion to $3.8 billion for the full year.
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings for the fourth quarter. The tech firm also provided guidance for fiscal 2024. Earnings, excluding non-recurring items, came in
As Costco Wholesale Corporation (NASDAQ: COST) prepares to publish its first-quarter earnings, the warehouse behemoth’s stock climbed to an all-time high this week. When it reports the results next week,
Shares of Dollar General Corporation (NYSE: DG) turned red on Thursday despite the company delivering better-than-expected results for the third quarter of 2023. The stock has dropped 46% year-to-date. Although