Otelco (OTEL) Reports Q3 EPS of $0.56

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Go back to Otelco (OTEL) Reports Q3 EPS of $0.56

Otelco Reports Third Quarter Results

November 4, 2015 5:07 PM EST

ONEONTA, Ala., Nov. 4, 2015 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2015. Key highlights for Otelco include:

Total revenues of $17.9 million for third quarter 2015. Operating income of $4.9 million for third quarter 2015. Adjusted EBITDA (as defined below) of $7.2 million for third quarter 2015.

"Otelco's third quarter 2015 results produced Adjusted EBITDA of $7.2 million," said Rob Souza,... More