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Stock impact report

CenturyLink Cobbles Together a Decent Second Quarter [The Motley Fool]

CENTURYLINK (CTL) 
Last centurylink earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.centurylink.com
Company Research Source: The Motley Fool
CenturyLink Cobbles Together a Decent Second Quarter But further sales declines keep a lid on investor enthusiasm. Investors have been none too happy with CenturyLink ( NYSE:CTL ) this year. Shares are down 27% year to date, with that fall fueled by the mid-February announcement that the company would be more than halving the dividend . Meanwhile, revenue has continued its slow move in the wrong direction. Yet there's hope, as second-quarter revenue notched only a small drop from the previous quarter and the company is getting ready to make some infrastructure investments that could pay off down the road. The stock certainly isn't for those who don't like risk, but some reasons for cautious optimism might be emerging. Revenue in the second quarter of 2019 fell 5.5% year over year as sales across all of CenturyLink's segments declined save for in the international and global accounts segment, where revenue was flat. A drag from legacy services like landline phones and slow internet co Show less Read more
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