Alaska Communications Systems (ALSK) Tops Q2 EPS by 4c
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Alaska Communications Reports Second Quarter 2020 Results
August 5, 2020 4:05 PM EDTIncreased total revenue 3.6% year over year, driven by 12.1% fiber and broadband growth to business customers Continued investment delivers total fiber miles to over 155K, including expansion with wireless carriers and fiber to the home Reported Net Income attributable to Alaska Communications of $2.4 million, and Adjusted Free Cash Flow of $8.6 million Increased Adjusted EBITDA to $16.5 million from $13.9 million year over year Driven by market demand, the first Azure Stack Hub in Alaska to be located in Company data center Reaffirms guidance despite COVID-19 impacts
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