Results under GAAP
Total revenues and sales were $1.45 billion, an increase of 6 percent from the same period a year ago, and total service revenues were $1.44 billion, an increase of 7 percent year-over-year. Operating income was $69 million compared to $44 million in the same period a year ago. The company reported a net loss of $121 million, or a loss of 65 cents per share, compared to a net loss of $111 million, or a loss of 89 cents per share, a year ago.
ILEC consumer and small business service revenues were $471 million, a decrease of 5 percent from the same period a year ago, and segment income was $282 million compared to $289 million year-over-year.
