Inteliquent (IQNT) Declares $0.16 Quarterly Dividend; 3.9% Yield
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Inteliquent Reports First Quarter 2016 Results and Increases Quarterly Dividend
April 28, 2016 7:02 AM EDTFinancial and operating highlights include:
Launched Omni, a comprehensive voice and messaging solution for the next generation provider space.First quarter 2016 minutes of use increased 6.7% compared to fourth quarter 2015.First quarter 2016 net income of $9.1 million, compared to $8.7 million in fourth quarter 2015.Adjusted EBITDA (a non-GAAP financial measure) of $19.1 million in first quarter 2016 compared to $18.4 million in fourth quarter 2015.Quarterly dividend increased to $0.16 per outstanding share of common stock, which represents a 6.7% increase.CHICAGO, April 28, 2016 (GLOBE NEWSWIRE) -- Inteliquent, Inc. (NASDAQ:... More
