Windstream, a local phone provider in Lexington, announced second-quarter earnings last week that benefited from the company's recent acquisitions.
The company's revenue jumped 12 percent, to $1.03 billion, up from $917.3 million in the same period a year ago. Earnings were $93.2 million, or 18 cents a share, up 18 percent from $79 million, or 17 cents a share, a year ago.
The reason that earnings per share grew less was that the company had more shares outstanding: 510 million compared to 483.2 million in 2010.
Driving Windstream's results were the additions of business-focused companies including Q-Comm. Had Windstream owned the companies in last year's second quarter, revenue would have edged up less than 1 percent. But business service revenue would have been up 3 percent, to $498 million, the company said. Windstream also added 4,800 high-speed Internet customers in the quarter, growing that customer base 5 percent year over year.
Weakness continued in its land-line phone business. Access lines fell by 30,100 during the quarter to 3.26 million, or 3.6 percent year over year.