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Qwest Corporation  (CTQ)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees -
 Revenues (TTM) (Millions $) 5,338
 Net Income (TTM) (Millions $) 1,418
 Cash Flow (TTM) (Millions $) 26
 Capital Exp. (TTM) (Millions $) 973

Qwest Corporation
Qwest Corporation is a telecommunications company based in Denver, Colorado. It was founded in 1996 as a subsidiary of the telecommunications company US West, and later became an independent company in 2000 when it acquired US West.

Qwest is a major provider of telecommunications services in the United States, offering a wide range of services including voice, data, and Internet services. The company primarily serves residential, business, governmental, and wholesale customers.

The company operates an extensive fiber-optic network covering approximately 205,000 miles and serving more than 3 million customers across 36 states. This allows Qwest to offer high-speed Internet, data networking, and other telecommunications services to businesses and governments across the country.

In recent years, Qwest has also expanded into cloud computing and managed services, offering a wide range of cloud-based solutions for businesses and government agencies. Additionally, the company offers IT consulting services, helping customers optimize their technology infrastructure and improve their business operations.

Qwest is a publicly traded company listed on the New York Stock Exchange under the ticker symbol Q. As of 2021, the company has more than 30,000 employees and generates annual revenue of approximately $8 billion.


   Company Address: 931 14th Street, Denver, 80202 CO
   Company Phone Number: 388-9000   Stock Exchange / Ticker: CTQ


   

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Qwest Corporation

Qwest Corporation Reports Lackluster Revenue Performance for Q2 2024



The stock market is a volatile ecosystem that constantly reacts to a company's financial performance. Qwest Corporation, a Communications Services company, recently released its financial results for the April to June 30, 2024, interval. Let's dive into the numbers and analyze the interesting facts surrounding Qwest Corporation's Q2 2024 performance.
Flat Share Prices:
During the April to June interval of 2024, Qwest Corporation experienced a significant decline in its share prices. The company's share price dropped to $0.00 per share, compared to the previous year's $0.00 per share. Additionally, it was the same as the previous reporting period, indicating no growth or decline in this aspect.

Qwest Corporation

Qwest Corporation's Revenue Decline Moderates in First Quarter of 20232.

Qwest Corporation's financial performance for the period ending March 31, 2024, painted a mixed picture. While the company managed to reach break-even with earnings per share of $0.00, a slight improvement from the previous year and quarter, there were concerning signs when it came to revenue.
The revenue decreased by almost 10% to $1.39 billion compared to the corresponding quarter a year prior, and a 4.5% drop from the previous quarter. This decline in revenue could be attributed to various factors such as market competition, changes in consumer behavior, or external economic conditions.







Qwest's Segments
Other Broadband    16.78 % of total Revenue
Voice and Other    9.82 % of total Revenue
Fiber Broadband    7.04 % of total Revenue
Harvest    17.27 % of total Revenue
Nurture    6.87 % of total Revenue
Grow    2.78 % of total Revenue
Affiliate Services    39.44 % of total Revenue
Affiliates    39.44 % of total Revenue
Affiliates Direct affiliate revenue    28.23 % of total Revenue
Affiliates Allocated affiliate revenue    11.21 % of total Revenue
Other    9.82 % of total Revenue
Non-Affiliates    60.56 % of total Revenue





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