Consolidated Communications Holdings, Inc. (CNSL) - NASDAQ
  • Tue, May 3, 11:36 AM
    | Tue, May 3, 11:36 AM
  • Sep. 10, 2015, 10:12 AM
    | Sep. 10, 2015, 10:12 AM
  • May 7, 2015, 10:56 AM
    • Consolidated Communications (NASDAQ:CNSL) is 4.8% lower this morning after Q1 revenue missed expectations and declined slightly on a pro forma basis.
    • EBITDA of $79.7M beat an expected $78M.
    • Revenue breakout (pro forma comparisons): Commercial and carrier, $73.7M (up 3.7%); Consumer, $69.3M (down 0.4%); Equipment sales and service, $10.9M (down 11.4%); Subsidies, $14.4M (down 1.9%); Network access, $19.4M (down 9.7%); other, $4.9M (up 2%).
    • Voice connections were 498.1K (down 4.1% Y/Y); data and Internet connections of 446.6K (up 1.6%); video connections of 123.2K (down 1%). Consumer ARPU came in at $84.13, up 2.8% from the prior year.
    • The company reiterated its full-year guidance on capex ($122M-$129M) and cash interest expense ($78M-$81M).
    • Conference call begins shortly, at 11 a.m. ET.
    | May 7, 2015, 10:56 AM
  • Mar. 5, 2015, 4:13 PM
    • Consolidated Communications (NASDAQ:CNSL) closed up 2.9% after word that Off Wall Street has removed the Strong Sell recommendation they put on the shares earlier this year.
    • Previously, they had set a $19 price target on concerns including leverage and capex needs. Shares closed today at $21.80.
    | Mar. 5, 2015, 4:13 PM | 1 Comment
  • Feb. 26, 2015, 9:08 AM
    • Consolidated Communications (NASDAQ:CNSL) is down 2.4% premarket after missing on top and bottom lines despite growing revenue 25%.
    • EBITDA of $80.6M missed an expected $83.2M, and was down from the prior year's $82.3M.
    • Total connections of 849.5K were down 1.4% Y/Y: Data connections, up 3.1% to 289.7K; video connections, up 0.5% to 122.8K; voice connections, down 4.6% to 437K.
    • The company's guiding to capex of $122M-$129M in 2015, down from 2014's $131.3M. It expects cash interest expense of $78M-$81M vs. 2014's $81.4M.
    • Conference call at 11 a.m. ET.
    | Feb. 26, 2015, 9:08 AM
  • Jan. 6, 2015, 2:54 PM
    • Independent research firm Off Wall Street has issued a Strong Sell recommendation for Consolidated Communications (NASDAQ:CNSL), and set a $19 target. High leverage, huge upcoming capex needs, and declining EBITDA margins are cited.
    • Shares have sold off hard on volume (667K) that's well above a 3-month daily average of 367K.
    | Jan. 6, 2015, 2:54 PM
  • Aug. 12, 2014, 11:04 AM
    • Ultimate Software (ULTI +4%) will be joining the S&P MidCap 400 after Thursday's close, and Consolidated Communications (CNSL +3.4%) will be joining the S&P SmallCap 600 following the Aug. 18 close.
    • The companies are respectively replacing The Hillshire Brands and Taylor Capital, each of which is set to be acquired.
    | Aug. 12, 2014, 11:04 AM
  • Feb. 14, 2013, 10:45 AM

    CenturyLink (CTL -20.1%) crashes after getting hit with 6 downgrades in response to its Q4 miss, light guidance, and dividend cut, and is taking other high-yield rural telcos down with it. FTR -5%. WIN -7.5%. CNSL -2%. Citi, which is cutting CTL to Neutral and FTR to Sell, argues CTL's dividend cut shows the need for telcos to maintain balance sheet flexibility during a time of slow growth, strong competition, and eroding wireline voice revenue. The firm notes CTL's guidance now implies 2015 free cash flow of $3.60-$4/share, well below Citi's prior estimates. (transcript)

    | Feb. 14, 2013, 10:45 AM | 2 Comments
  • Jul. 3, 2012, 9:12 AM
    Premarket gainers: NSPH +17%. MODL +9%. CNSL +7%. ATPG +6%.
    Losers: CHTP -52%. OSIR -7%.
    | Jul. 3, 2012, 9:12 AM
Company Description
Consolidated Communications Holdings, Inc. provides communications services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. It services, including local and long-distance... More
Sector: Technology
Industry: Telecom Services - Domestic
Country: United States