Thursday, May 07, 2009

Cbeyond's 1Q09

Cbeyond operates in just 12 markets and released its financials for the first quarter of 2009.

  • It now has 44,342 customers by adding 1,879 in 1Q09.
  • ARPU is $755.
  • only $100,000 in net income - down from $1M last year.
  • Revenues for 1Q09 are $98.3M.
  • Monthly customer churn of 1.5% in the first quarter of 2009.
  • Cbeyond's gross margin was steady at 67.6% in the first quarter of 2009.
  • Seeing growth in the sale of mobile handsets and services.

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