EarthLink trims outlook
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The fourth-largest U.S. Internet service provider posted a quarterly profit of $37.6 million, or 24 cents a share, up from $3.5 million, or 2 cents a share, a year ago.
Quarterly revenue slipped 1 percent from a year ago to $344 million.
Earthlink said it added 67,000 subscribers in the quarter and had 5.4 million paying subscribers as of Sept. 30.
The company forecast that total revenue would be in the range of $340 million to $345 million in the current fourth quarter. That's below analysts' average target of $356.5 million, according to Reuters Estimates.
It forecast fourth-quarter net income of $30 million to $35 million, on anticipated subscriber growth of 35,000 to 75,000 during the three-month period.
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