Inteliquent (IQNT) Misses Q3 EPS by 4c

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Go back to Inteliquent (IQNT) Misses Q3 EPS by 4c

Inteliquent Reports Third Quarter 2016 Results

November 7, 2016 7:00 AM EST

Financial and operating highlights include:

Company agrees to be acquired by GTCRCompany invests in Zipwhip, a Seattle-based business texting SaaS companyThird quarter 2016 minutes of use increased 55.0% compared to third quarter of 2015Third quarter 2016 revenue increased 56.0% to $99.4 million compared to $63.7 million in the third quarter of 2015Third quarter 2016 net income of $9.4 million compared to $8.3 million in third quarter of 2015Adjusted EBITDA (a non-GAAP financial measure) of $19.1 million in third quarter 2016 compared to $16.9 million in third quarter 2015Company withdraws financial estimates for full year 2016

CHICAGO, Nov. 07,... More