Cumberland-based Cbeyond reports 4Q loss of $4.9M
by MDJ staff
March 30, 2014 12:00 AM | 1317 views | 0 0 comments | 14 14 recommendations | email to a friend | print
Cumberland-based Cbeyond Inc. announced its results for the fourth quarter ending Dec. 31, 2013.

Fourth quarter 2013 total revenue was $111.5 million, compared with $118.9 million in the fourth quarter of 2012 and $113.7 million in the third quarter of 2013.

Cbeyond reported a net loss of $4.9 million in the fourth quarter of 2013, compared with net loss of $5.8 million in the fourth quarter of 2012 and a net loss of $5.3 million in the third quarter of 2013.

Cbeyond 2.0 revenue was $20.6 million or 18.4 percent of total revenue in the fourth quarter of 2013, an increase of 81 percent from the fourth quarter of 2012 and an increase of 15 percent from the third quarter 2013.

Average monthly revenue per customer of $658 during the fourth quarter of 2013 compared with $638 in the fourth quarter of 2012 and $653 in the third quarter of 2013.

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