MCI Holds Revenue Steady in June

MCI recorded $2.075 billion in revenue in June 2003, versus $2.034 billion in May 2003. Operating income in June was $146 million versus $116 million in May. MCI had net income in June of $84 million compared to net income of $46 million in May. The company ended the month with $4.6 billion in cash on hand, an increase of approximately $400 million from the beginning of the month.
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