Otelco (OTEL) Reports Q1 EPS of $0.65

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Go back to Otelco (OTEL) Reports Q1 EPS of $0.65

Otelco Reports First Quarter Results

May 5, 2015 5:00 PM EDT

ONEONTA, Ala.--(BUSINESS WIRE)-- Otelco Inc. (NASDAQ: OTEL), a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia and a provider of cloud hosting and managed services, today announced results for its first quarter ended March 31, 2015. Key highlights for Otelco include:

Total revenues of $17.6 million for first quarter 2015. Operating income of $4.5 million for first quarter 2015. Adjusted EBITDA (as defined below) of $8.0 million for first quarter 2015.

Otelcos first quarter 2015 results produced our... More