Level 3 Communications, reported total revenue of US$1.586 billion for the first quarter 2012, an increase compared to US$1.579 billion for the fourth quarter 2011.The net loss for the first quarter 2012 was US$138 million compared to a net loss from continuing operations of US$235 million in the fourth quarter 2011. On a per share basis and excluding losses on extinguishment of debt, these losses were US$0.37 for the first quarter 2012 and US$1.02 for the fourth quarter 2011.
"We made good progress on integration this quarter, while delivering growth in revenue and Adjusted EBITDA," said James Q. Crowe, CEO of Level 3. With our continued focus on customer experience and the strong demand we see in the market, we believe we are well-positioned for continued growth."
Source: Level 3