Otelco (OTEL) Reports Q4 EPS of $0.27
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Otelco Reports Fourth Quarter and 2016 Results
March 6, 2017 5:00 PM ESTONEONTA, Ala., March 06, 2017 (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 fourth quarter and year ended December 31, 2016. Key highlights for Otelco include:
Total revenues of $16.8 million for fourth quarter 2016 and $68.9 million for 2016.Operating income of $4.6 million for fourth quarter 2016 and $18.8 million for 2016.Net income of $0.9 million for fourth quarter 2016 and $5.1 million for 2016.Adjusted EBITDA (as defined below) of $6.7... More