Inteliquent (IQNT) Tops Q1 EPS by 5c

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Inteliquent Reports First Quarter Results

April 23, 2015 7:00 AM EDT

Financial and operating highlights include:

Minutes of use of 34.7 billion for the first quarter of 2015, the second highest level in the history of the Company, increased 4.8% compared to the first quarter of 2014. Net income of $11.2 million for the first quarter of 2015, an increase of 21.7% compared to the first quarter of 2014. Adjusted EBITDA (a non-GAAP financial measure) of $21.2 million for the first quarter of 2015, an increase of 5.0% compared to the first quarter of 2014. Free cash flow (a non-GAAP financial measure) of $19.1 million in the first quarter of 2015, compared with $17.6 million in the... More