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Windstream Posts Huge Loss Under Bankruptcy

May 16, 2019

Financially strapped carrier loses $2.3 billion in first quarter

The posting of a multi-billion dollar charge will always leave red ink all over an earnings report. And that’s what happened at Windstream Holdings, the bankrupt carrier, which took a $2.3 billion charge related to its Chapter 11 reorganization. Nevertheless, Windstream did have some good news in its earnings report.