Thread regarding Windstream Corp. layoffs

Windstream reports 2nd quarter results

https://investor.windstream.com/news/news-details/2019/Windstream-Reports-Second-Quarter-2019-Results/default.aspx

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| 1411 views | | 9 replies (last August 14, 2019) | Reply
Post ID: @OP+10r5P5LR

9 replies (most recent on top)

Don’t worry..reductions coming soon!

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Post ID: @6paj+10r5P5LR

T0ny Thomas is a load that should of been swallowed. What a piece of garbage.

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Post ID: @2wyb+10r5P5LR

Ship is sinking fast

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Post ID: @xsc+10r5P5LR

Not reporting GAAP numbers is lame.

Management’s got all the underlying data already and I’m sure they know what the numbers are — so why not release them?

Why not report net income? That’s pretty basic.

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Post ID: @rnm+10r5P5LR

I have never seen a U.S. company release quarterly results not in accordances with the "Generally Accepted Accounting Principles" (GAAP) standard. Quoting from an Arkansas Business article today:

"Unlike previous quarters, Windstream omitted net income or loss and revenue results under generally accepted accounting principles, which are accounting standards set by the Financial Accounting Standards Board to set a baseline for consistent reporting of financial results."

"U.S. law requires companies traded on stock exchanges and indices to follow GAAP guidelines. But Windstream was delisted from the Nasdaq stock exchange in March following its Chapter 11 filing and now trades over the counter."

"Asked about the omission, a company spokesman said Windstream has 'only released Non-GAAP results for the quarter at this time.'"

https://www.arkansasbusiness.com/article/127758/windstream-cites-consumer-broadband-growth-in-2q

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Post ID: @uut+10r5P5LR

Its including people who left. 1800 positive

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Post ID: @drn+10r5P5LR

Every category of revenue dropped - Truth from Windstream Leadership died a long time ago !!!

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Post ID: @ecu+10r5P5LR

They're bragging about adding 1,900 new consumer broadband subscribers. But how many left during the same period? What a joke.

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Post ID: @uqi+10r5P5LR

Excellent success to those not posted up on this site all day. Growth! Unprecedented!

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Post ID: @mlr+10r5P5LR

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