From AT&T to Zayo: Tracking wireline telecom earnings in Q4 2017

Technology abstract background

The fourth-quarter 2017 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 third-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 earlier quarters this year and last year: Q3 2017, Q2 2017, Q1 2017, Q4 2016, Q3 2016, Q2 2016 and Q1 2016, as well as the previous quarters from the past two years: Q4 2015, Q3 2015, Q2 2015, Q1 2015, Q4 2014, Q3 2014 and Q2 2014.

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Jan. 16

Adtran
Adtran reported sales were $126.5 million, down from $163 million in the same period a year ago due to a customer purchase delay.
- see our coverage
- visit Adtran's investor relations page

Jan. 23

Verizon
Verizon reported total consolidated fourth-quarter 2017 operating revenues of $34 billion, up 5% from the fourth quarter of 2016.
- see our coverage
- visit Verizon's investor relations page

Jan. 30

AT&T
AT&T's consolidated revenues for the fourth quarter totaled $41.7 billion, down from $41.8 billion in the year-ago quarter. The company attributes the lower revenues to declines in legacy wireline services, wireless service revenues and domestic video, which were mostly offset by growth in wireless equipment and international.
- see our coverage
- visit AT&T's investor relations page

Corning
Corning reported fourth-quarter core sales of $2.7 billion, up 7% year over year, and core earnings per share of 49 cents. Likewise, 2017 core sales were $10.5 billion, up 8%
- see our coverage
- visit Corning's investor relations page

Juniper Networks
Juniper reported total net revenues of $1.24 billion, down 11% year-over-year and 1% sequentially.
- see our coverage
- visit Juniper's investor relations page

Feb. 7

Infinera
Infinera reported fourth quarter revenue was $195.8 million up sequentially to $192.6 million in third-quarter 2017 and $181 million in fourth-quarter 2016. 
-see our coverage
- visit Infinera’s investor relations page

Zayo Group
Zayo reported $653.5 million of consolidated revenue. This included $530 million from the Communications Infrastructure segments and $123.5 million from the Allstream segment.
- see our coverage 
- visit Zayo Group's investor relations page

Feb. 13

Calix
Calix reported fourth quarter 2017 revenue of $137.9 million, a GAAP loss of 25 cents per share, and a non-GAAP loss of 15 cents per share. 
- see our coverage
- visit Calix's investor relations page

Feb. 14

CenturyLink
CenturyLink reported that consolidated total revenue was $5.32 billion for fourth quarter 2017, compared to $4.29 billion for fourth quarter 2016 and $17.6 billion for full year 2017 compared to $17.4 billion for full year 2016.
- see our coverage
- visit CenturyLink's investor relations page

Feb. 15

Cincinnati Bell
Cincinnati Bell reported consolidated revenue for the fourth quarter of 2017 was $427 million, up year-over-year from $285 million in the prior period. 
- see our coverage
- visit Cincinnati Bell's investor relations page

Cisco
Cisco reported that total second quarter 2018 revenue was $11.9 billion, up 3%, with product revenue up 3% and service revenue up 3%. Cisco noted that 33% of total revenue was from recurring offers, up 2 percentage points from the second quarter of fiscal 2017. 
- see our coverage
- visit Cisco’s investor relations page

Feb. 22

Cogent Communications
Cogent reported service revenue of $125.2 million for the quarter. Service revenue was $485.2 million for the year ended Dec. 31, 2017, up 8.6% from the year ended Dec. 31, 2016.
- see our coverage
- visit Cogent’s investor relations page

Windstream
Windstream reported that fourth quarter, total revenues and sales were $1.5 billion and total service revenues were $1.48 billion compared to $1.31 billion and $1.29 billion respectively year-over-year. 
- see our coverage
- visit Windstream's investor relations page

Feb. 23

TDS Telecom
TDS Telecom’s total wireline revenue was $175 million, up 1% year over year due to gains in residential and wholesale services. Telephone and Data Systems, TDS Telecom’s parent company reported total operating revenues of $1.31 billion for the fourth quarter of 2017, up from $1.29 billion for the same period a year ago. 
- see our coverage
- visit TDS Telecom's investor relations page

Feb. 27

Frontier Communications
Frontier reported consolidated revenues for the fourth quarter 2017 were $2.22 billion. Within consolidated revenue, consumer revenue was $1.09 billion, commercial revenue was $941 million and regulatory revenue was $190 million. Consolidated revenues for the full year 2017 were $9.13 billion.
- see our coverage
- visit Frontier's investor relations page

Feb. 28

Dycom
Dycom reported that contract revenues were $655.1 million for the quarter that ended Jan. 27, 2018, down from $701.1 million for the quarter that ended Jan. 28, 2017.
- see our coverage
- visit Dycom’s investor relations page

March 1

Consolidated Communications
Consolidated reported fourth-quarter revenues of $356.4 million, down year-over-year from adjusted revenue of $374.5 million for the fourth quarter of 2016, after excluding $5.4 million attributed to the equipment sales and service business, which the company divested in 2016. 
- see our coverage
- visit Consolidated's investor relations page

GTT
GTT reported $249.2 million in fourth-quarter revenue, up 80.7% year-over-year and 23% sequentially.
- see our coverage
- visit GTT's investor relations page

Uniti
Uniti reported fourth-quarter revenues of $246.3 million. Net income and Adjusted EBITDA was $22.8 million and $198.0 million, respectively, for the same period. 
- see our coverage
- visit Uniti's investor relations page

March 6

Ciena
For the fiscal first quarter 2018, Ciena reported revenue of $646.1 million as compared to $621.5 million for the fiscal first quarter 2017.
- see our coverage
- visit Ciena's investor relations page

March 13

Hawaiian Telcom
Hawaiian Telcom reported fourth-quarter revenue was $91.6 million, down $5.2 million year-over-year but up $0.6 million sequentially. 
- see our coverage
- visit Hawaiian Telcom's investor relations page

March 15

Shentel
Shentel reported that its fourth-quarter total revenues were $151.6 million, down year-over-year from $155.6 million in the same period a year ago. 
- see our coverage
- visit Shenandoah's investor relations page