From AT&T to Zayo: Tracking wireline telecom earnings in Q3 2017

The third-quarter 2017 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.

Also, our colleagues at FierceWireless are tracking the third-quarter results of the major players in the wireless industry, as is FierceCable for the cable industry.

Finally, don't forget to look at our reports from earlier quarters this year and last year: Q2 2017, Q1 2017, Q4 2016, Q3 2016, Q2 2016 and Q1 2016, as well as the previous quarters from the past two years: Q4 2015, Q3 2015, Q2 2015, Q1 2015, Q4 2014, Q3 2014, and Q2 2014.

Oct. 18

Adtran reported third-quarter sales were $185.1 million, up year over year from $168.9 million for the third quarter of 2016.
- see our coverage
- visit Adtran's investor relations page

Oct. 19

Verizon reported total operating revenues of $31.7 billion, up 2.5% from the third quarter of 2016. On a comparable basis excluding divestitures and acquisitions (non-GAAP), consolidated revenues declined 2.3%.
- see our coverage
- visit Verizon's investor relations page

Oct. 24

AT&T reported $39.7 billion in third-quarter consolidated revenues, down from $40.9 billion in the year-ago quarter, primarily due to declines in legacy wireline services and consumer mobility.
- see our coverage
- visit AT&T's investor relations page

Corning reported $2.61 billion in revenues, up 4% from $2.51 billion in the same period a year ago.
- see our coverage
- visit Corning's investor relations page

Juniper Networks
Juniper reported that third-quarter net revenues were $1.26 billion, down 2% year over year and 4% sequentially. GAAP operating margin was 19.4%, a decrease from 19.5% in the third quarter of 2016, and a decrease from 19.7% in the second quarter of 2017.
-see our coverage
- visit Juniper's investor relations page

Oct. 31

Frontier Communications
Frontier reported consolidated revenues of $2.25 billion. Net loss for the third quarter of 2017 was $38 million. Net loss attributable to common shares was $92 million for a diluted net loss per common share of $1.19.
-see our coverage
- visit Frontier's investor relations page

Nov. 2

Cincinnati Bell
Cincinnati Bell reported consolidated third-quarter 2017 revenue of $289 million, down 7% from the prior year, as strategic revenue growth driven by strong demand for fiber-based products was offset by lower Telecom and IT hardware sales.
- see our coverage
- visit Cincinnati Bell's investor relations page

Cogent Communications
Cogent reported service revenue of $12 million, up 2.7% sequentially from the second-quarter of 2017.
- see our coverage
- visit Cogent’s investor relations page

Consolidated Communications
Consolidated reported total revenues of $363.3 million, compared to adjusted revenue of $380.0 million for the third quarter of 2016, after excluding $18.7 million attributed to the equipment sales and service business and Iowa ILEC which the company divested in 2016.
- see our coverage
- visit Consolidated's investor relations page

GTT reported that third quarter revenue of $198.9 million grew 51% year-over-year and 7% sequentially.
- see our coverage
- visit GTT's investor relations page

Shentel’s total third-quarter revenues were $151.8 million, down 3.2% compared to $156.8 million for the same period a year ago.
- see our coverage
- visit Shenandoah's investor relations page

Nov. 6

Zayo Group
Zayo reported total first fiscal quarter 2018 revenue was $643.5 million. This includes $515.8 million from the Communications Infrastructure segments and $127.7 million from the Allstream segment.
- see our coverage
- visit Zayo Group's investor relations page

Nov. 7

Calix reported $128.8 million in third-quarter revenue, reflecting results above the midpoint of its guidance range.
- see our coverage
- visit Calix's investor relations page

Nov. 8

CenturyLink reported third-quarter revenues were $4.03 billion, down from $4.38 billion in third quarter 2016. 
- see our coverage
- visit CenturyLink's investor relations page

Hawaiian Telcom
Hawaiian Telcom reported third-quarter revenue was $91 million, down year-over-year from $97.8 million in the third quarter of 2016. 
- see our coverage
- visit Hawaiian Telcom's investor relations page

Infinera reported $192.6 million in revenues, up sequentially from $176.8 million in the second quarter of 2017.
- see our coverage
- visit Infinera’s investor relations page

TDS Telecom
TDS Telecom’s parent Telephone and Data Systems reported total operating revenues of $1.15 billion for the third quarter of 2017, down from $1.3 billion in the same period a year ago.
- see our coverage
- visit TDS Telecom's investor relations page

Nov. 9

Windstream reported that third-quarter total revenues and sales were $1.5 billion and total service revenues were $1.47 billion in the third quarter, an increase of 11% and 12% respectively year over year.
- see our coverage
- visit Windstream's investor relations page

Nov. 15 

Cisco reported total revenue was $12.1 billion, down 2%, with product revenue down 3% and service revenue up 1%.
- see our coverage
- visit Cisco’s investor relations page

Nov. 21

Dycom reported that contract revenues were $756.2 million for the quarter, down year over year from $799.2 million.
- see our coverage
- visit Dycom’s investor relations page

Dec. 7

Ciena reported $744.4 million in fiscal fourth quarter 2017 revenue, up year over year from $716.2 million for the fiscal fourth quarter 2016.
- see our coverage
- visit Ciena's investor relations page