Alaska Communications Systems (ALSK) Tops Q3 EPS by 4c
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Alaska Communications Reports Third Quarter 2020 Results
November 4, 2020 4:05 PM ESTGrew total revenue 2.3% year over year 6.7% business and wholesale broadband growth driven by fiber network 27.4% in equipment sales and managed IT Reported net income attributable to Alaska Communications of $2.3 million and Adjusted EBITDA of $16.6 million Increased 2020 full year guidance for Adjusted Free Cash Flow to $14 million to $16 million, expect to meet or exceed guidance for Total Revenue and Adjusted EBITDA Upgraded Northstar subsea fiber, increasing capacity from 240Gbps to 1.3Tbps Won Citizens Broadband Radio Service (CBRS)... More
