Tracking wireline telecom earnings in Q2 2016

The second-quarter 2016 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.

Also, our colleagues at FierceWireless are tracking the second-quarter results of the major players in the wireless industry, as is FierceCable for the cable industry.

Finally, don't forget to look at our reports from Q1 2016, Q4 2015Q3 2015Q2 2015Q1 2015Q4 2014Q3 2014, and Q2 2014.

July 12

Vendor Adtran reported year-over-year increases in both sales and net income, which the company attributed to strong demand for its FTTP and 100 megabit portfolios. As a result, the company's stock rose roughly 10 percent in the hours following the release of the company's second-quarter earnings, to around $19.74 per share.
- see our coverage
- visit Adtran's investor relations page

July 21

AT&T may be one of the largest telco broadband players, but in the second quarter the service provider saw total broadband subscriber additions drop significantly – a factor it said is related to seasonality.
- see our coverage
​- visit AT&T's investor relations page

July 26

Juniper Networks
Juniper saw service provider sales uptick slightly quarter-over-quarter, but the overall market is in transition -- reflecting a trend the vendor is seeing with its Tier 1 customers. Service provider revenue was $835 million, flat year-over-year and but up 6 percent sequentially from the first quarter of 2016.
- see our coverage
- visit Juniper's investor relations page

Verizon (NYSE: VZ)
Verizon saw its FiOS revenue grow in the second quarter, but the work stoppage due to a two-month wireline workforce strike took its toll, resulting in the loss of 13,000 internet subscribers during the quarter. Overall wireline revenues were $7.82 billion, down 2.4 percent year-over-year from $8.01 billion.
- -see our coverage
- visit Verizon's investor relations page

July 27

Infinera may have seen second quarter revenues increase in the second quarter, but the optical company is facing softness in the North American market as Tier 1 telcos and other carriers are taking more time with long-haul and metro equipment procurement decisions.
- see our coverage
- visit Infinera's investor relations page

Level 3 Communications
Level 3 saw lower end churn among its smaller enterprise customer base and wholesale customers take a toll on second quarter revenues, as these segments transitioned to other technologies and the industry consolidated.
- see our coverage
- visit Level 3's investor relations page

August 1

Frontier Communications
Frontier reported total second quarter revenue of $2.61 billion. The telco noted that revenues nearly doubled with the California, Texas and Florida regions it acquired from Verizon. 
- see our coverage
- visit Frontier's investor relations page

Hawaiian Telcom
Driven by strong business growth and consumer video, Hawaiian Telcom's total second quarter revenues were $99.5 million, up 3.5 percent year-over-year from $96.2 million in the second quarter of 2015. 
- see our coverage
- visit Hawaiian Telcom's investor relations page

August 3

CenturyLink reported second quarter total operating revenues were $4.4 billion, down year-over-year from $4.42 billion in second quarter 2015.
- see our coverage
- visit CenturyLink's investor relations page

FairPoint Communications
FairPoint reported  $206.6 million  for the quarter and  $413.4 million  year-to-date, down year-over-year from the $214.1 million in the same quarter a year ago.
- see our coverage
- visit FairPoint's investor relations page

Lumos Networks
Lumos reported total revenue in the second quarter of 2016 was $52.4 million, up nearly from the same period a year ago.
- see our coverage
- visit Lumos' investor relations page

August 4

Cincinnati Bell
Cincinnati Bell reported that consolidated revenue for the second quarter of 2016 was $299 million, up 5 percent from the prior year. 
- see our coverage
- visit Cincinnati Bell's investor relations page

Consolidated Communications
Total revenues for the second quarter were $186.9 million, down year-over-year from $201 million for the same period last year. Consolidated attributed the loss to the fact that strategic revenues, which include commercial, carrier and consumer broadband, were offset by declines in legacy voice revenues, network access, and subsidy step-downs from CAF II and Texas USF support.   
- see our coverage
- visit Consolidated's investor relations page

Windstream reported that total second quarter revenues and sales were $1.36 billion and total service revenues were $1.33 billion in the second quarter compared to $1.42 billion and $1.38 billion respectively year-over-year.
- see our coverage
- visit Windstream's investor relations page

August 5

Shenandoah Telecom
Shentel’s wireline segment continues find success in selling fiber-based services and deepening relationships with local schools districts and colleges. Revenue for the segment rose 12.9 percent to $18.6 million, up from $16.5 million in the second quarter of 2015.
- see our coverage
- visit Shenandoah's investor relations page

TDS Telecom
TDS Telecom’s parent company Telephone and Data Systems reported total operating revenues of $1.28 billion for the second quarter of 2016, up slightly year-over-year from $1.27 billion for the same period a year ago.
- see our coverage
- visit TDS Telecom's investor relations page

August 17

Cisco reported $12.6 billion in total revenue, up 2 percent, with product revenue up 1 percent and service revenue up 5 percent. Earnings per share on a GAAP basis were 42 cents.
- see our coverage
- visit Cisco's investor relations page

August 25

Zayo Group
- visit Zayo Group's investor relations page


- visit Ciena's investor relations page

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Tracking wireline telecom earnings in Q2 2016