Alaska Communications Systems (ALSK) Tops Q4 EPS by 2c

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Go back to Alaska Communications Systems (ALSK) Tops Q4 EPS by 2c

Alaska Communications Reports Fourth Quarter and Year-end 2018 Results

March 6, 2019 4:05 PM EST

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the fourth quarter and full year ended December 31, 2018.

Our 2018 results are robust with total revenue growth of 2.5% for full year 2018 and annual adjusted EBITDA growth of 4.9%. Free cash flow performance was strong at $7.2 million while our capital expenditures position us for continued growth in future years.

These results reflect our continued performance in Business and Wholesale, driven by our growth engine of the larger Enterprise and Carrier customers. Our technology differentiation was further strengthened by investments in... More