DALLAS, Jan. 14, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Level 3 Communications Inc. (Nasdaq:LVLT). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Level 3 Communications Inc. (LVLT), through its operating subsidiaries, engages in the communications business. It operates one of the largest communications and Internet backbones in the world. Since 1998, the Company has been focused on delivering premier services over one of the world's most advanced, IP-optimized networks. LVLT owns and maintains more than 54,000 intercity route miles. It offers a comprehensive portfolio of network offerings that spans Internet Protocol (IP) services, broadband transport, colocation services, and patented Softswitch-based managed modem and voice services. It also uses these network services as a foundation for delivering enterprise telecommunications solutions.
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In the report, the analyst notes:
"LVLT recently announced that it is confirming its previously issued guidance for the fourth quarter of 2010. The Company continues to expect Core Network Services revenue and Consolidated Adjusted EBITDA in the fourth quarter to increase sequentially as compared to the third quarter, and also expects to be free cash flow positive for the fourth quarter of 2010.
"LVLT is trading above its 20-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock."
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