Consolidated Communications Reports First Quarter 2020 Results
Consolidated Communications Holdings, Inc. (CNSL)
Last consolidated communications holdings, inc. earnings: 8/1 08:00 am
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US:NASDAQ Investor Relations:
ir.consolidated.com
Company Research
Source: GlobeNewswire
Company delivered strong performance and stable Adjusted EBITDA; Reduced debt by $43 million and executing on Capital Allocation Plan First Quarter Highlights Revenue totaled $325.7 million, generating Adjusted EBITDA of $131.6 millionData-transport and broadband revenue both grew 1.6 percentOperating activities generated net cash of $85 millionOperating expenses, excluding depreciation and amortization, improved by $17 million or 8 percentDebt reduced by $43 million and leverage ratio lowered to 4.23x MATTOON, Ill., April 30, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”) reported results for the first quarter 2020 and will hold a conference call and simultaneous webcast to discuss its results and developments today at 10 a.m. E.T. “During this time and in response to the COVID-19 pandemic, we are first and foremost focused on ensuring the safety of our employees and customers, while maintaining business co
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