More on Level 3 (LVLT +0.2%) Q1: Net loss narrows to $138M from $205M, operating margin +7.3%...

|About: Level 3 Communications, Inc. (LVLT)|By:, SA News Editor

More 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.