Tw Telecom Q2 Profit Decreases - Quick Facts

(RTTNews) - tw telecom inc. (TWTC) reported that its second-quarter net income decreased to $17.3 million or $0.11 per share, from $19.3 million or $0.13 per share, last yer. The company said change in net income reflects higher depreciation expense resulting from net asset additions, offset by M-EBITDA growth and lower income tax expense.

On average, 16 analysts polled by Thomson Reuters expected the comany to report profit per share of $0.12 for the quarter. Analysts' estimates typically exclude special items. Total revenue increased to $389.48 million, from $364.50 million, last year. Analysts expected revenue of $385.86 million for the quarter.