I've been Here for a while. Two years. I'm tired of the raging bull wanna bes so I've come here for solitude and peace. Let's just sit back here and relax and watch WWWN climb! PS. Reuters Finance News Wireless Growth Helps SBC Show Profit Jul 25 8:04am ET
SAN ANTONIO, Texas (Reuters) - SBC Communications Inc. , the No. 2 U.S. local-telephone company, said on Wednesday its second-quarter profits, excluding one-time items, rose as growth in wireless and data services offset economic weakness.
Excluding one-time items, SBC's profits increased 8.9 percent to $2.1 billion, or 61 cents a share, up from $1.9 billion, or 56 cents a share, a year ago.
Wall Street analysts expected SBC's earnings to be in the range of 53 cents a share to 58 cents a share, with a mean forecast of 57 cents a share, according to research firm Thomson Financial/First Call.
Revenues, including revenues from its Cingular Wireless joint venture, grew 3 percent to $13.6 billion. |