Inteliquent (IQNT) Tops Q2 EPS by 1c, Sales Miss

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Go back to Inteliquent (IQNT) Tops Q2 EPS by 1c, Sales Miss

Inteliquent Reports Second Quarter Results

July 23, 2015 7:01 AM EDT

Financial and operating highlights include:

Net income of $10.0 million for the second quarter of 2015, an increase of 6.4% compared to the second quarter of 2014. Adjusted EBITDA (a non-GAAP financial measure) of $21.0 million for the second quarter of 2015, an increase of 7.7% compared to the second quarter of 2014. Minutes of use of 34.3 billion for the second quarter of 2015, an increase of 1.2% compared to the second quarter of 2014. Revised financial estimates for 2015 of $220 million to $230 million of revenue, and $77 million to $81 million of adjusted EBITDA (a non-GAAP financial measure).

CHICAGO, July 23, 2015 (GLOBE NEWSWIRE) --... More