Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Robinson Humphreys Reiterates Buy Rating on EarthLink

EarthLink Inc. (ELNK) posted a $40.7 million Q4 EBITDA loss vs. a $37.6 million loss. Robinson Humphrey reiterated its buy rating on the stock.

Analyst Frank Gristina told S&P MarketScope the stock is strong on news that the company sees EBITDA profitability by the end of 2001. Secondly, he says broadband growth and significant customer additions are also bolstering investor faith. The analyst notes that the company's CFO on an analyst call said better carriage costs, further reduction of broadband installation costs, elimination of sales/marketing in non-effective areas and consolidation of acquisitions allow for EBITDA profitability.

Gristina says he is comfortable with the company's $35 to $60 million 2001 EBITDA burn estimate. He has a $15-$20 12-18 month target on EarthLink shares.

blog comments powered by Disqus