Alaska Communications Systems (ALSK) Reports Q3 EPS of $0.01

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Go back to Alaska Communications Systems (ALSK) Reports Q3 EPS of $0.01

Alaska Communications Reports Solid Third Quarter 2016 Results

November 2, 2016 4:07 PM EDT

Revenues of $56.5 million, a 3.2% increase

Business and Wholesale Revenue growth of 8.3%

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the third quarter of 2016.

I am pleased to report another quarter of solid performance to our plan, furthering our record of delivering consistent results. For the third quarter 2016 compared to a year ago, revenue increased 3.2 percent, driven by an 8.3 percent increase for business and wholesale and a 14.0 percent increase for total broadband, said Anand Vadapalli, president and CEO of Alaska... More