Thread regarding Windstream Corp. layoffs

Monthly Operating Report for the Period December 1, 2019 Through December 31, 2019

http://www.kccllc.net/windstream/document/1922312200220000000000002

August
$410M in the bank (remember we don't pay bills right now)
$430M in revenue
$44M NET LOSS
$61M in goodwill

$41M paid to bankruptcy attys YTD

September
$385M in the bank
$415M in revenue
$39M NET LOSS
$61M in goodwill

$45M paid to bankruptcy attys YTD

October
$314M in the bank
$415M in revenue
$50M NET LOSS
$61M in goodwill

$50M paid to bankruptcy attys YTD

November
$256M in the bank
$408M in revenue
$44M NET LOSS
$61M in goodwill

$65M paid to bankruptcy attys YTD

December
$192M in the bank
$414M in revenue
$45M NET LOSS
$61M in goodwill

$72M paid to bankruptcy attys YTD

2 months left of cash in the bank

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| 891 views | | 2 replies (last February 21, 2020) | Reply
Post ID: @OP+13B2cngm

2 replies (most recent on top)

If Windstream is able to survive this, I doubt they make any changes on how they operate. Wages will still be below market and management will still s—.

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Post ID: @1xhv+13B2cngm

We are trading at 7 CENTS today, down 27% from yesterdays close and 50% for the week.

What do you expect? We are on the docket for our Bankruptcy hearing March 2nd. After that 1/2 our debt goes away along with outstanding shares.

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Post ID: @equ+13B2cngm

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