[May 10, 2013] Cbeyond reports lower Q1 net loss, provides annual outlook Tweet May 10, 2013 (Datamonitor via COMTEX) -- Cbeyond, Inc., a provider of integrated communications services, has reported that net loss for the first quarter ended March 31, 2013 was $556,000, or $0.02 loss per share, compared to net loss of $1.19 million, or $0.04 loss per share, for the same quarter ended March 31, 2012. For fiscal 2013, the company expects revenue to be in the range of $475 million to $485 million. Revenue for the first quarter ended March 31, 2013 was $119.95 million, compared to $123.84 million for the same quarter ended March 31, 2012. Operating loss for the first quarter ended March 31, 2013 was $218,000, compared to $1.33 million, for the same quarter ended March 31, 2012. For fiscal 2013, the company expects adjusted EBITDA of $75 million to $82 million, cash capital expenditures of $60 million to $65 million; and free cash flow of $15 million to $20 million. Jim Geiger, CEO of Cbeyond, Inc., said: "I am pleased with our progress in evolving our business model to provide services at the intersection of cloud, network and security. "We have achieved several significant milestones over the past six months. We have continued to build capabilities of our TotalCloud Data Center and TotalCloud Phone System products; reached the targeted staffing level for our 2.0 sales channels; launched our new offering that bundles cloud services with broadband; have lit dark fiber in over 250 buildings and significantly increased the size of our Metro Ethernet network footprint." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]