Qwest Reports Fourth Quarter and Full Year 2009 Results (Business Wire)

DENVER—-Qwest Communications International Inc. : Unaudited 4Q 2009 4Q 2008 Change FY 2009 FY 2008 Change Operating Revenue $ 2,994 $ 3,315 % $ 12,311 $ 13,475 % Operating Income 450 559 % 1,975 2,097 % Income before Income Taxes 177 290 % 903 1,051 % Net Income 108 177 % 662 652 1.5 % Net Income per Diluted Share $ 0.06 $ 0.10 % $ 0.38 $ 0.37 2.7 % Adjusted EBITDA 1,085 1,179 % 4,415 4,547 % Adjusted EBITDA Margin 36.2 % 35.6 % 60 bps 35.9 % 33.7 % 220 bps Adjusted Free Cash Flow 506 593 % 1,930 1,439 34.1 %