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Short Take: Cincinnati Bell beats the Street

Local phone carrier Cincinnati Bell beat Wall Street expectations for the fourth quarter on strong demand for data services. Excluding items, the company earned 14 cents per share, two cents greater than a consensus of analysts surveyed by First Call and flat with year-ago levels. Revenue for the quarter rose to $226.5 million, from $216.5 million a year ago. The company's data and high-speed services saw revenue grow 31 percent for the quarter, according to a release.

Local phone carrier Cincinnati Bell beat Wall Street expectations for the fourth quarter on strong demand for data services. Excluding items, the company earned 14 cents per share, two cents greater than a consensus of analysts surveyed by First Call and flat with year-ago levels. Revenue for the quarter rose to $226.5 million, from $216.5 million a year ago. The company's data and high-speed services saw revenue grow 31 percent for the quarter, according to a release.