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Level 3 Lowers Third-Quarter Guidance
Level 3 Communications (LVLT Quote) lowered its revenue guidance for the third quarter, but the company maintained its outlook for the full year.
The company said Monday that third-quarter consolidated revenue will be $865 million to $900 million, compared with a prior projection of $930 million. Level 3 also expects information services revenue of $440 million to $465 million, vs. its earlier forecast of $490 million. ...
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