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XO Posts Q2 Revenue $352.9 Million, up 1%

XO Holdings reported Q2 revenue of $352.9 million, $21.8 million of adjusted EBITDA and a net loss of $36.8 million. XOH operates two business segments, XO Communications, its nationwide wireline telecommunications business, and Nextlink Wireless, its wireless business. Some highlights:

“Overall sales performance in the second quarter was our best in two years, and our strategic network, customer and service initiatives are delivering improved margins and revenue growth in IP-based services for enterprises and wholesale services for carriers and service providers,” said Carl Grivner, XO Holdings’ chief executive officer.

http://www.xo.com

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