WASHINGTON (dpa-AFX) - Otelco Inc. (OTEL) released earnings for its second quarter that rose from last year.
The company's profit totaled $2.91 million, or $0.85 per share. This compares with $1.54 million, or $0.45 per share, in last year's second quarter.
The company's revenue for the quarter fell 3.0% to $16.89 million from $17.41 million last year.
Otelco Inc. earnings at a glance:
-Earnings (Q2): $2.91 Mln. vs. $1.54 Mln. last year. -EPS (Q2): $0.85 vs. $0.45 last year. -Revenue (Q2): $16.89 Mln vs. $17.41 Mln last year.
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