Mobile IoT Authors: Jason Bloomberg, Liz McMillan, Pat Romanski, Elizabeth White, Yeshim Deniz

News Feed Item

Post-Earnings Coverage - CenturyLink

Editor Note: For more information about this release, please scroll to bottom.

LONDON, August 13, 2014 /PRNewswire/ --

Investor-Edge.com has issued its complimentary post-earnings review on CenturyLink Inc. (NYSE: CTL). The company was featured in the headlines on Wednesday, August 06, 2014, as it reported that its adjusted diluted earnings per share improved 3 cents year-over-year and operating revenues advanced 0.4% year-over-year during the second quarter of 2014. Our free coverage report can be accessed at:


Earnings Overview  

For the second quarter of 2014, CenturyLink Inc. generated operating cash flow (excluding special items) of $1.81 billion as compared to $1.86 billion in the prior year quarter. The company's free cash flow (excluding special items) stood at $677 million in Q2 2014, compared with $703 million in the year-ago period. The telecommunications company's second quarter core revenues fell 0.2% year-over-year to $4.10 billion. The free research on CTL can be downloaded as in PDF format at:


Consumer segment revenues marginally improved to $1.50 billion in the second quarter 2014 from $1.49 billion in the prior year period. Meanwhile, the demand for high-bandwidth data services and solid sales momentum drove the Business segment revenues to $1.56 billion in Q2 2014 from $1.53 billion in the year-ago period. The Wholesale segment generated revenues of $0.87 billion in the reported period, down 4.8% year-over-year from $0.91 billion in Q2 2013. Operating revenues from Hosting segment grew 3.2% year-over-year to $0.36 billion in second quarter 2014 from $0.35 billion in the year-ago period. Under the Consumer segment, the company added nearly 16,000 CenturyLink® Prism[TM] TV subscribers in Q2 2014, increasing the penetration of the over 2.1 million addressable homes to approximately 10%. In the Wholesale segment, the company recorded 18% year-over-year increase in the fiber-connected towers to end the second quarter 2014 with over 19,700 fiber-connected towers.

CenturyLink Inc. completed the $2 billion share repurchase program in Q2 2014 which started in February 2013, and since then has purchased and retired 59.5 million of its common stock. Meanwhile, the company also commenced a $1 billion follow-on share repurchase program in Q2 2014 under which 1.2 million shares have been purchased during the quarter. Sign up and read the free analyst's notes on CTL at:


Glen F. Post III, President and Chief Executive Officer at CenturyLink Inc. stated that the strong demand for high-bandwidth data services and cloud and hosting solutions, solid consumer demand for Prism TV service and the continued mitigation of legacy revenue declines led to solid second quarterly results. Mr. Glen said that the company is pleased with the results, which reflect its continued progress toward revenue stability. Looking ahead, he stated that the company is entering the third quarter with strong funnel of sales opportunities and will continue to execute on the strategic priorities to create value for shareholders.

The Monroe, Louisiana-based company's operating revenues came in at $4.54 billion in Q2 2014, above $4.53 billion in the year-ago quarter and market consensus estimate of $4.50 billion. During the reported period, the telecom service company reported net income of $193 million, or $0.34 per diluted share as compared to $269 million, or $0.44 per diluted share in the prior year quarter. Meanwhile, the adjusted net income came in at $408 million, or $0.72 per diluted share, compared with $417 million, or $0.69 per diluted share in Q2 2013. Bloomberg estimated a net income of $210.22 million or $0.38 per share and adjusted net income of $361.40 million or $0.65 per share for Q2 2014. Visit Investor-Edge and access the latest research on CTL at:


Stock Performance  

On Thursday, August 07, 2014, a day after the earnings release, CenturyLink Inc.'s shares edged 0.46% higher to close the session at $38.95. On the last close, Tuesday, August 12, 2014, the company's shares gained 1.24% further to end the day at $40.77. The stock oscillated between $40.20 and $40.88 during the trading session. A total of 5.16 million shares were traded, which was above the three months average volume 4.74 million shares. CenturyLink Inc.'s shares have gained 4.67% in the previous three trading sessions, 10.88% in the last one month, and 28.01% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $37.37 and $33.58, respectively. CenturyLink Inc.'s stock traded at a PE ratio of 41.40 and has a Relative Strength Index (RSI) of 70.79.

Sneak Peek to Corporate Insider Trading  

In the last one month, CenturyLink Inc. has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Complimentary in-depth research on CTL is available at:


About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.


1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.


Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.


Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.


Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...