SUREWEST REPORTS SECOND QUARTER 2009 RESULTS
SUREWEST REPORTS SECOND QUARTER 2009 RESULTS
Free cash flow, EBITDA and revenue growth driven by
advanced broadband network and cost-saving initiatives
• 47% increase in Broadband EBITDA and 14% increase in Broadband revenue year-over-year
• Free cash flow increased by $13.5 million to positive $4 million year-over-year
• Repurchased 107,600 shares during the quarter at an average of $8.57
• Debt net of cash and cash equivalents reduced by $12 million from year-end 2008, and cash and cash equivalents increased to $10 million
• Operating expenses decreased 2% sequentially
• Net income of $959 thousand compared to $20.9 million year-over-year due to second quarter 2008 gain of $19 million from sale of wireless assets
ROSEVILLE, CA – August 6, 2009 – Leading independent communications holding company SureWest Communications (NASDAQ: SURW) today announced operating results for the second quarter ended June 30, more







