Alaska Communications Systems (ALSK) Misses Q1 EPS by 2c

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Alaska Communications Reports First Quarter 2017 Results

May 4, 2017 8:05 AM EDT

-Operating performance of top and bottom line growth driven by 11% broadband revenue growth-

-Repurchased $84.0 million, or 89%, of its outstanding 6.25% Convertible Notes due 2018-

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the first quarter of 2017.

We continue steady progress on the operating front with top and bottom line growth, driven primarily by broadband revenue growth of 11.1%. New fiber capacity to the North Slope through our Quintillion partnership and several new IT partnership certifications provide opportunities for differentiation... More