Windstream postpones release of Q4, FY18 financial results - InvestingChannel

Windstream postpones release of Q4, FY18 financial results

Windstream announced it is postponing the release of the company’s Q4 and FY18 financial results following a federal judge’s ruling against one of its subsidiaries. The company previously announced its plans to release the results on February 21. A federal judge in the Southern District of New York on February 15 ruled against Windstream Services regarding the 2015 spinoff of certain telecommunications network assets into a real estate investment trust and its agreements with bondholders. The company is continuing to evaluate its options, including post-trial motions and an appeal. The company currently expects to release the Q4 and FY18 financial results no later than March 18.