Alaska Communications releases Q1 2018 results

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) has reported financial results for the first quarter of 2018, the company said.

Revenue Highlights for the quarter compared to 2017 include:

Revenue was USD 56.0 million, compared to USD 56.7 million.

Total broadband revenue was USD 29.7 million, compared to USD 31.0 million.

Broadband revenue was USD 23.2 million, compared to USD 24.6 million.

Operating income was USD 5.3 million, compared to USD 4.7 million.

Net income was USD 2.1 million compared to a net loss of USD 0.7 million.

Alaska Communications is the provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous US For more information, visit www.alaskacommunications.com or www.alsk.com.