Categories AlphaGraphs, Technology

Infographic: CenturyLink (CTL) Q1 2020 earnings

CenturyLink Q1 2020 Earnings

CenturyLink, Inc. (NYSE: CTL) reported first-quarter 2020 financial results after the regular trading hours on Wednesday.

CTL shares fell close to 4% immediately following the announcement after revenues missed the Wall Street estimate. Meanwhile, the bottom-line was 3 cents higher than expected.

CEO Jeff Storey said, “The COVID-19 pandemic has highlighted both the importance of connectivity to how we live and work in today’s economy, and how capable CenturyLink’s fiber and IP-based network is in delivering those needs quickly, reliably, and at scale. The relevance and capability of our network, together with our financial strength, positions us well to support our customers and deliver long-term shareholder value.”

The stock has declined 13% in the trailing 12 months.

Prior performance

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top