CINCINNATI (AP) _ Cincinnati Bell Inc. (CBB) on Thursday reported a loss of $20.6 million in its fourth quarter.
The Cincinnati-based company said it had a loss of 46 cents per share. Losses, adjusted for non-recurring costs and pretax expenses, came to 22 cents per share.
The regional telephone company posted revenue of $390.4 million in the period.
For the year, the company reported that its loss narrowed to $66.6 million, or $1.53 per share. Revenue was reported as $1.54 billion.
Cincinnati Bell shares have risen 25% since the beginning of the year. The stock has risen 50% in the last 12 months.