Alaska Communications Reports Fourth Quarter and Year-end 2019 Results
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Alaska Communications Systems (ALSK) Reports Q4 EPS of $0.05, Revenues Mis;; Provides FY20 Revenue Outlook
March 10, 2020 4:16 PM EDTAlaska Communications Systems (NASDAQ: ALSK) reported Q4 EPS of $0.05, versus $0.03 reported last year. Revenue for the quarter came in at $58.3 million versus the consensus estimate of $58.69 million.
Delivers Strong Fourth Quarter Leading 2019 to Meet or Exceed GuidanceReports Revenue of $231.7 Million and Net Income of $4.9 MillionIncreases Adjusted EBITDA to $62.7 Million, Up from $60.2 Million in 2018Posts Adjusted Free Cash Flow of $16.0 Million, Up from $7.2 Million in 2018Increases in Fiber Miles 12% across Statewide Network in 2019 vs. 2018The Board Approves One-time Dividend of $0.09 per share totaling ~$5 MillionFourth Quarter 2019 Compared... More
