Earnings reports

Qwest Has a Good Q1

DENVER -- Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, today announced record revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter of 2001. Total first quarter revenue of $5.05 billion was an 11.8 percent increase versus pro forma normalized first quarter 2000 revenue. First quarter EBITDA grew 15.8 percent to $2 billion. In addition, Qwest recorded pro forma normalized earnings per diluted share of $0.13 for the quarter. Qwest has met or exceeded the consensus of analysts' estimates for the sixteenth consecutive quarter.

"We are extremely pleased with the results the Qwest team achieved during the quarter. With our unique blend of assets, Qwest is well positioned for future growth across all segments of the communications marketplace," said Joseph P. Nacchio, Qwest's chairman and CEO. "We believe the industry will continue to provide solid growth opportunities in 2001, especially for our broadband Internet and data services. Qwest is well positioned to take advantage of that growth at the local, national and global level."

noitall 12/4/2012 | 8:31:27 PM
re: Qwest Has a Good Q1 at&t should never have let him go. now qwest is set to save our industry because they are thought leaders and risk takers.

hats off to these guys. others will follow, hopefully...
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