Tuesday, July 29, 2014

Level 3 Communications (LVLT) Reports 2Q'14 Results (Hits New 52-Week High)

Level 3 Communications (LVLT) spiked to a new 52-week high today (02014.07.29) of $49.22 after the company reported 2Q'14 results.
"Level 3 delivered another quarter of solid revenue and Adjusted EBITDA growth," said Jeff Storey, president and CEO of Level 3. "Our ability to help enterprise customers solve their evolving, global telecommunications needs is a key differentiator in the industry. During the second quarter, we also indicated our intent to acquire tw telecom and the integration planning process is well underway."

LVLT closed yesterday (02014.07.28) at $44.91.

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