Alaska Communications Systems (ALSK) Reports Q1 EPS of $0.04

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Go back to Alaska Communications Systems (ALSK) Reports Q1 EPS of $0.04

Alaska Communications Reports First Quarter 2018 Results

May 9, 2018 5:05 PM EDT

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the first quarter of 2018.

Our first quarter performance met our expectations and creates the foundation to achieve our annual goals. Our revenue decline for the quarter is attributable to compression in our health care vertical. The cost control measures we proactively put in place mitigated the impacts of this revenue compression resulting in stable Adjusted EBITDA performance for the quarter.

Demand drivers like small cell backhaul, opening up of Arctic markets with... More