Inteliquent (IQNT) Reports In-Line Q3 EPS
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Inteliquent Reports Third Quarter Results
October 29, 2015 7:01 AM EDTFinancial and operating highlights include:
Company initiated the ramp of traffic related to the new T-Mobile agreement, and currently has over 50% of the traffic transitioned onto the Inteliquent network. Minutes of use of 40.2 billion for the third quarter of 2015, an increase of 15.2% compared to the third quarter of 2014. Net income of $8.3 million for the third quarter of 2015 compared to $9.8 million in the third quarter of 2014. Adjusted EBITDA (a non-GAAP financial measure) of $16.9 million for the third quarter of 2015 compared to $20.0 million in the third quarter of 2014. Revised financial estimates for 2015 of... MoreInteliquent Reports Third Quarter Results
October 29, 2015 7:01 AM EDTFinancial and operating highlights include:
Company initiated the ramp of traffic related to the new T-Mobile agreement, and currently has over 50% of the traffic transitioned onto the Inteliquent network. Minutes of use of 40.2 billion for the third quarter of 2015, an increase of 15.2% compared to the third quarter of 2014. Net income of $8.3 million for the third quarter of 2015 compared to $9.8 million in the third quarter of 2014. Adjusted EBITDA (a non-GAAP financial measure) of $16.9 million for the third quarter of 2015 compared to $20.0 million in the third quarter of 2014. Revised financial estimates for 2015 of... More