Company Overview
11808 Miracle Hills Drive
Omaha, NE 68154
United States
Founded in 1986
28,700 Employees
Key Executives
Key developments for West Corporation
West Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted revenue was $559.0 million compared to $598.5 million for the same quarter last year, a decrease of 6.6%. Operating income was $77.01 million compared to $111.30 million for the same period a year ago. Income before tax was $6.85 million compared to $36.53 million for the same period a year ago. Net income attributable to company was $3.8 million compared to $21.7 million for the same period a year ago. Adjusted EBITDA was $153.2 million compared to $169.7 million for the same period a year ago. Cash flow from operations was $99.8 million compared to $86.0 million for the same period a year ago. For the nine months, the company has posted revenue of $1,772.8 million compared to $1,675.7 million for the same quarter last year. Operating income was $293.2 million compared to $261.5 million for the same period a year ago. Income before tax was $101.06 million compared to $43.35 million for the same period a year ago. Net income attributable to company was $60.9 million compared to $28.2 million for the same period a year ago. Adjusted EBITDA was $483.4 million compared to $456.0 million for the same period a year ago. Cash flow from operations was $200.8 million compared to $160.6 million for the same period a year ago.
West Corporation, Q3 2009 Earnings Call, Oct 22 2009
West Corporation announced it has received lender consent to amend its Senior Secured Credit Agreement. In connection with the amendment, West expects to extend the maturity date for $1 billion of its existing term loans from October 24, 2013 to July 15, 2016 with the interest rate margins of such extended term loans increasing by 1.50%. The amendment would permit West to, among other things, agree with individual lenders to make additional extensions of their term loans or extend or refinance their revolving credit commitments under the Credit Agreement, and to issue new secured notes.
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