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Citizens Communications 4Q Net Falls 7.7% To $59 Million
Tuesday, February 26, 2008 7:42 AM


DOW JONES NEWSWIRES

Citizens Communications (NYSE:CZN) (CZN) said Tuesday its fourth-quarter profit declined 7.7% to $59 million, or 18 cents a share, from $63.9 million, or 20 cents a share, a year earlier.

The Stamford, Conn., company said revenue for the quarter rose 14% to $577.2 million from $504.4 million in the same period a year ago.

The company also said its board authorized the repurchase of up to $200 million in shares over the next 12 months.

-Michael Kitchen; 415-439-6400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   02-26-08 0742   Copyright (c) 2008 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )


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