Level 3 reports $149M profit for second quarter

BROOMFIELD — Telecommunications firm Level 3 Communications Inc. on Wednesday reported a profit of $149 million for its second quarter that ended June 30, compared with a loss of $13 million for the same period a year ago.

Broomfield-based Level 3 (Nasdaq: LVLT) generated revenue of $2.06 billion for the quarter, matching the $2.06 billion generated during the same quarter a year ago.

Earnings per share for the quarter was 42 cents, compared with a loss of 4 cents per share for the same quarter a year ago.

“With our focus on profitable growth combined with the strong operating leverage in the business,…