Qwest Earnings More Than Double
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AP:
Qwest Communications International Inc. said Wednesday second-quarter earnings more than doubled as sharply reduced operating expenses offset weak sales.
Net income rose to $246 million, or 13 cents per share, from $117 million, or 6 cents per share, in the year-ago period.
Analysts expected 15 cents per share, according to a Thomson Financial poll.
First Posted: 03/28/08 03:43 AM ET Updated: 05/25/11 01:10 PM ET