Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $6.95 USD
Change Today +0.28 / 4.20%
Volume 1.1M
ELNK On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

earthlink holdings corp (ELNK) Snapshot

Open
$6.66
Previous Close
$6.67
Day High
$6.99
Day Low
$6.60
52 Week High
05/26/15 - $6.99
52 Week Low
10/13/14 - $2.95
Market Cap
716.5M
Average Volume 10 Days
1.3M
EPS TTM
$-0.36
Shares Outstanding
103.1M
EX-Date
06/16/15
P/E TM
--
Dividend
$0.20
Dividend Yield
2.88%
Current Stock Chart for EARTHLINK HOLDINGS CORP (ELNK)

earthlink holdings corp (ELNK) Related Bloomberg News

View More Bloomberg News

earthlink holdings corp (ELNK) Related Businessweek News

No Related Businessweek News Found

earthlink holdings corp (ELNK) Details

EarthLink Holdings Corp., together with its subsidiaries, provides managed network, security, and cloud services to business and residential customers in the United States. The company operates in two segments, Business Services and Consumer Services. The Business services segment provides data services, including multiprotocol label switching services, Wi-Fi, and high-speed Internet access; voice services, such as local and long-distance services over traditional copper lines, hosted voice, SIP trunking, and integrated voice and data solutions; managed services comprising managed network, security, infrastructure, and cloud services; and professional services to evaluate the performance and security of network. It also offers carrier/transport services consisting of broadband transport services, including private line, Ethernet private line, and wavelength services; local communications services to Internet service providers and local dial tone communications services to service providers; live and automated operator and directory assistance services; and dedicated Internet access services through IP network. This segment markets its business services through direct and independent sales channels, as well as through third-party agents. The Consumer Services segment offers Internet access services, such as dial-up and high-speed Internet access services; and value-added services as add-on features to its Internet access services, including security products, premium email only, home networking, email storage, and others, as well as offers search and advertising services. EarthLink Holdings Corp. operates a network, which includes 29,000 route miles of fiber, 90 metro fiber rings, and secure enterprise-class data centers. The company was formerly known as EarthLink, Inc. and changed its name to EarthLink Holdings Corp. in December 2013. EarthLink Holdings Corp. was founded in 1994 and is headquartered in Atlanta, Georgia.

2,402 Employees
Last Reported Date: 05/5/15
Founded in 1994

earthlink holdings corp (ELNK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $956.7K
Managing Director of Network Operations & Car...
Total Annual Compensation: $403.0K
Managing Director of Consumer & Small Busines...
Total Annual Compensation: $376.8K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $346.2K
Compensation as of Fiscal Year 2014.

earthlink holdings corp (ELNK) Key Developments

Earthlink Holdings Corp. Enters into Third Amendment to Credit Agreement to its Amended and Restated Credit Agreement

On May 11, 2015, EarthLink Holdings Corp. entered into a third amendment to credit agreement to its amended and restated credit agreement dated as of May 29, 2013 with the Guarantors party thereto, the Lenders party thereto and Regions Bank, as administrative and collateral agent. The credit agreement provides for a $135 million senior secured credit facility. The primary purpose of the amendment is to permit the company to repurchase certain debt in an amount up to $100 million.

EarthLink Holdings Corp. Announces Partial Redemption of 8 7/8% Senior Notes Due 2019

EarthLink Holdings Corp. announced that it has delivered a notice of redemption for $70,000,000 aggregate principal amount of its outstanding 8 7/8% senior notes due 2019. The redemption will occur on June 15, 2015 and holders of the notes to be redeemed will receive a redemption price equal to 104.438% of the principal amount of such notes, plus accrued and unpaid interest to, but excluding, the redemption date. To facilitate the redemption, the company intends to use approximately $20 million of cash and draw down approximately $55 million under its senior secured revolving credit facility, leaving approximately $80 million of liquidity available in the $135 million credit facility. These new borrowings under the credit facility will have an interest rate of LIBOR plus 3.50%, which is lower than the interest rate for the notes. At current LIBOR rates, the company’s annualized debt service costs following these actions are expected to be more than $6 million lower than they were at the beginning of 2015. The company expects to record a loss on extinguishment of debt of approximately $5.6 million in its second quarter financial results in connection with the redemption consisting of the premium paid for the redemption and a non-cash charge for the write-off of unamortized discount on debt and debt issuance costs. Deutsche Bank Trust Company Americas, the trustee under the indenture governing the notes, is sending a notice of redemption to all currently registered holders of the notes.

EarthLink Holdings Corp. Provides Earnings Guidance for the Full Year 2015

EarthLink Holdings Corp. provided earnings guidance for the full year 2015. For the period, the company narrowed revenue guidance to a range of $1.06 billion to $1.075 billion. The mid-point of that range is up $12.5 million over the initial guidance. The company raising and narrowing adjusted EBITDA guidance to a range of $215 million to $225 million. The mid-point of that range is up $17.5 million over prior guidance. CapEx guidance by $5 million to a range of $85 million to $95 million. The net loss guidance new range of $52 million to $46 million is $21 million better than the initial guidance.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ELNK:US $6.95 USD +0.28

ELNK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Comtech Telecommunications Corp $29.87 USD -0.93
Global Eagle Entertainment Inc $13.32 USD -0.02
Internap Corp $9.55 USD -0.19
Monster Worldwide Inc $6.11 USD +0.02
View Industry Companies
 

Industry Analysis

ELNK

Industry Average

Valuation ELNK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 11.4x
Price/Cash Flow 5.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EARTHLINK HOLDINGS CORP, please visit www.earthlink.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.