Norwalk-based phone, television and internet provider Frontier Communications narrowed its third-quarter loss, as expense reductions outpaced falling revenue.
Frontier lost $92 million, or $1.19 per diluted share, in the quarter ended Sept. 30, compared with a $134 million loss, or $1.73, in the year-ago quarter.
“Our third quarter results highlight the ongoing stabilization across our business as we focus on executing our strategy,” CEO Dan McCarthy said in a statement.
Operating revenue fell 10.7 percent over the year, from $2.52 billion to $2.25 billion, while operating expenses shrank by $320 million, or 14.2 percent.
Frontier lost 99,000 consumer customers and 63,000 commercial customers during the recent quarter.
The company has 23,181 employees, down from 30,358 a year ago.
Frontier became a much larger player in its home state when it acquired Southern New England Telephone from AT&T in 2014 for $2 billion.
In the two years that followed the acquisition, the company lost $248 million, according to reports it files with state regulators.
