Earthlink Q3 EPS Beats Ests; Ups ‘09 Guidance - Eric Savitz (Barron's)

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Earthlink Q3 EPS Beats Ests; Ups ‘09 Guidance
Oct 27, 2009 11:22 AM UTC

Eric Savitz (Barron's)

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Symbol	Sentiment	Start	Return	Closed
ELNK	n/a

Via BARRONS.com: Tech Trader Daily - Barron's Online:

Earthlink (ELNK) this morning posted Q3 revenue of $174.5 million and profits of 28 cents a share; the Street had been expecting $174.4 million and 25 cents. Revenue was down 6% sequentially and 24% year over year.

The Internet service provider said it now sees adjusted EBITDA for the full year of $243 million to $248 million, with free cash flow of $225 million to $235 million, with income from continuing operations of $110 million to $115 million.

Previous gudance was for adjusted EBITDA of $235 million to $245 million, free cash flow of $215 million to $235 million and income from continuing operations of $100 million to $110 million.

On Monday, ELNK was down 3 cents at $8.66.

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