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More on Level 3 (LVLT +0.2%) Q1: Net loss narrows to $138M from $205M, operating margin +7.3%...
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Thursday, May 3, 2012, 8:19 AM ETMore on Level 3 (LVLT +0.2%) Q1: Net loss narrows to $138M from $205M, operating margin +7.3% vs. -0.3%. Core network services revenue +5.7% to $1.38B, expects it to continue to grow sequentially for the rest of 2012. Sees FY capex at ~12% of total revenue; remains confident of 20%-25% EBITDA growth for FY from starting point of $1.22B.
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