Inteliquent (IQNT) Misses Q4 EPS by 2c

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Go back to Inteliquent (IQNT) Misses Q4 EPS by 2c

Inteliquent Reports Strong Fourth Quarter and Full Year Results

February 18, 2016 7:00 AM EST

Financial and operating highlights include:

Fourth quarter 2015 minutes of use increased 31.5% compared to fourth quarter 2014.Fourth quarter 2015 net revenue of $77.0 million, an increase of 39.0% compared to a year ago.Net income of $38.1 million for full year 2015 and $8.7 million for fourth quarter 2015.Adjusted EBITDA (a non-GAAP financial measure) of $18.4 million for fourth quarter 2015 compared to $20.1 million in fourth quarter 2014.Financial estimates for full year 2016 of $370 million to $390 million of revenue; $82 million to $92 million of Adjusted EBITDA (a non-GAAP financial measure); and $25 million to $28 million of capital expenditures.

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