Level 3 Q4 total revenue level YoY

Level 3 Communications, Inc. (NYSE: LVLT) reported total revenue was USD 2.032bn for the fourth quarter 2016, compared to USD 2.053bn for the fourth quarter 2015, the company said.

For the full year 2016, total revenue was USD 8.172bn compared to USD 8.229bn on a reported basis and USD 8.157bn on a modified basis for the full year 2015. The full year 2015 modified results exclude nine months of results from the company´s Venezuelan subsidiary´s operations that was deconsolidated as of September 30, 2015.

In the fourth quarter 2016, the company generated net income of USD 250m and basic earnings per share of USD 0.70.

Level 3 Communications, Inc. (NYSE: LVLT) provides local, national and global communications services to enterprise, government and carrier customers. Level 3´s comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. The company serves customers in more than 500 markets in over 60 countries across a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities.