tw telecom Reports Strong Second Quarter 2008 Results

LITTLETON, Colo., Aug. 11 /PRNewswire-FirstCall/ -- tw telecom inc. , a leading provider of managed voice and data networking solutions for business customers, today announced its second quarter 2008 financial results, including $290.2 million of revenue, $98.8 million in Modified EBITDA(1) ("M-EBITDA") and net income of $.7 million. (Logo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO) "We delivered strong results this quarter, which included achieving positive net income and continued levered free cash flow creation," said Larissa Herda, tw telecom's Chairman, CEO and President. "We achieved strong performance, which was particularly impressive when considering the prevailing economic headwinds, while we continued to invest in significant ongoing customer opportunities. Our results demonstrate the strength of our... [read full story]