Monday, August 6, 2007

Time Warner Telecom Grows Data & Internet revenue by 30% YoY

Time Warner Telecom reported Q2 revenue of $268.0 million, as compared to $191.3 million for the second quarter of 2006, an increase of $76.7 million, or 40%. The core operations reflected a 9% growth over the same period last year. The company recorded $83.0 million in Modified EBITDA and a net loss of $9.6 million. Some highlights:

  • Grew total revenue 40% year over year and 3% sequentially -- core growth (excludes the results from acquired operations) was 9% year over year and 3% sequentially

  • Grew enterprise revenue 57% year over year and 5% sequentially Enterprise revenue represents 68% of total revenue for the quarter

  • Grew data and Internet revenue 53% year over year and 12% sequentially. Included core growth of 30% year over year and 7% sequentially, driven by Ethernet and IP sales.

See also