Earthlink Adds 102,000 Broadband Subscribers in Q2

Earthlink ended Q2 with approximately 5.04 million paying subscribers, up 180,000, or 3.7 percent, from a year ago. The company added 102,000 broadband subscribers during the quarter, ending with 993,000 broadband customers, up 64% from a year ago. Total narrowband subscribers declined 5% from a year ago to approximately 3.9 million. PeoplePC Online, the company's value-priced narrowband service, added approximately 78,000 subscribers to end the second quarter with 197,000 subscribers.


Financially, Earthlink reported Q2 revenues of $352.3 million, an increase of 5.0 percent from the same period a year ago. There was a net loss of $14.5 million compared to a loss of $34.9 million from a year ago. Net earnings (before acquisition-related amortization and accretion dividends) were $11.4 million compared to a loss of $10.8 million from a year ago. The ISP said it continues to drive down on-going costs while adding value to its Internet service.
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