Alaska Communications Systems (ALSK) Tops Q1 EPS by 4c
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Alaska Communications Reports First Quarter 2020 Results
May 6, 2020 4:05 PM EDTIncreased Total Revenue 2.4% compared to First Quarter 2019 Reported Net Income of $2.4 Million Posted Adjusted EBITDA of $16.1 Million and Adjusted Free Cash Flow of $10.1 Million Contracted first subsea 100Gb IRU in April
ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the first quarter of 2020.
We are pleased with our first quarter 2020 results: Broadband revenues increased 7.2% year over year, and growth revenues continued to outpace declining legacy revenues. This strong business performance... More
