Thread regarding Windstream Corp. layoffs

Windstream announces preliminary Q2 results

Windstream's (OTCPK:WINMQ) Q2 total revenue and sales were $1.19M, operating income was $24.8M.

Enterprise service revenues were $577M, wholesale service revenues totaled $86M.

Kinetic high-speed data revenues have grown for two consecutive quarters. As a result, Kinetic’s total consumer grew and service revenues reached $502M during the quarter.

Adjusted OIBDAR was $424M, representing the third consecutive quarter of sequential growth as total cash operating costs fell by 9% Y/Y.

The company added more than 22,000 Kinetic broadband subscribers, highest quarterly net add growth in over a decade

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| 1264 views | | 3 replies (last July 21, 2020) | Reply
Post ID: @OP+163YaHmr

3 replies (most recent on top)

Until GAAP is used it does not mean squat. Wonder if TT or Gboys ever reported GAAP numbers in their lives?

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Post ID: @hko+163YaHmr

This info was from Seeking Alpha and has incorrect information. We did $1.18B NOT $1.18M, I still don't understand how our operating income was $24.8 million. I'll have to wait and see what financial magic they performed on the balance sheets.

Windstream will release full second-quarter financial results at 7:30 a.m. CDT Thursday, July 30.

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Post ID: @rcu+163YaHmr

To the very end, they're still trying to put lipstick on this pig. LMFAO

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Post ID: @lrd+163YaHmr

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