Earthlink Earnings Fall 51 percent to $16.4 million While Earthlink may be branching out and seeing success in the muni-Wi-Fi business, it's not a huge money-maker yet - and the company is still burdened with watching dial-up customers migrate to other broadband options. "Earnings fell 51 percent to $16.4 million, or 12 cents per share, down from $33.3 million, or 22 cents per share, a year earlier. Revenue fell 8 percent to $309.7 million from $334.7 million," reports the Associated Press. Earthlink last quarter unveiled their new line powered voice technology and 8Mbps ADSL2+ bundle.
|
  Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4 |  Earthlink still in financial trouble long term
Earthlink is doing everything possible to stay profitable, but the competition is much larger and better financed than they are. In the long run, they will probably sell out to a telco or cable or satellite competitor, whether they want to or not.
--
--
Join Red Room Forum
BLOG tkjunkmail.blogspot.com
My Web Page | |
|  | | | Re: Earthlink still in financial trouble long term Bye Bye Earthlink I'll miss you! | |
| | RadioDoc58ef2c0Premium,ExMod 2000-03
join:2000-05-11 | They are about to lose another $1400/yr of long-term business from me (been with them for 10 years) because I can never get anyone on the phone in their so-called business plan technical support center. They're so busy chasing pennies that they are letting the dollars they already have blow out the window.
--
Toolmaster of La Grange. | |
| | | | | Re: Earthlink still in financial trouble long term I dumped them in January after being a dsl customer with them/Mindspring since 1999. Was always happy with the dsl product they gave me and it rarely if ever went down. However, the customer/technical service was difficult to reach and often didn't have answers to questions. I was moving January 1 and wanted their new LinePowered Voice product. Called a few days beforehand and no one - customer service, tech support, install folks - claimed to know what I wanted. Then the ads appeared here in Seattle a few days later for the same dang product. That pushed me over the edge. I won't miss them. Frankly, they're doing themselves in...despite having good products, their beyond-crappy customer service is going to bury them as good long-term customers like me leave. Went with Speakesy - higher price but rock solid (and responsive) customer service. | |
|
| | Reviews:
 ·Comcast
| Re: AOL's fate? said by OldschoolDSL:Call me crazy, but I believe Earthlink will go down about the same time AOL does. Maybe its the name and people remember it more as a Dail-up company. Or maybe its the fact that they resell more services, then they own and thus can't always complete with the market as others can. I just have this feeling that Earthlink is going to keep heading downward for the long hall. I have to agree with you EL is going down in a ball of flames fast. Who wants a sub par ISP anyway?
Down 51% that's really bad how can the stay afloat? | |
|
 b1gdr3I Blame Your Mother
join:2001-07-28
York, PA | hehe EarthLink is dead, long live EarthLink. | |
| | CSU
join:2002-10-21
Lagrange, GA | ??? Why wouldn't they lose money, they are teamed up with the horrible ISP known as Charter. We all know how Charter likes to lose money. | |
| | | RE: Earthlink 10 year customer here, just left them for att/sbc DSL.
I was paying $54 with taxes for like 2 years, until I called and demanded a lower rate, so they lowered me to $39. That's still double what I pay now with ATT/SBC.
for the same service.
I'll miss them, they've been rock solid for 6 years of DSL but they are just too expensive to compete now. | |
|
| |
|
|
·
·
·
I am so hungry
