Alaska Communications: Q4 Earnings Snapshot

Associated Press
Updated ·1 min read

ANCHORAGE, Alaska (AP) _ Alaska Communications Systems Group Inc. (ALSK) on Monday reported a fourth-quarter loss of $8.2 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Anchorage, Alaska-based company said it had a loss of 15 cents.

The Alaskan broadband and service company posted revenue of $62.3 million in the period.

For the year, the company reported a loss of $1.1 million, or 2 cents per share, swinging to a loss in the period. Revenue was reported as $240.6 million.

The company's shares closed at $3.28. A year ago, they were trading at $1.78.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALSK at https://www.zacks.com/ap/ALSK