Alaska Communications reports Q4/FY 2017 results

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) has reported financial results for its fourth quarter and full year ended Dec. 31, 2017, the company said.

Revenue was USD 54.9 million for the fourth quarter of 2017, compared to USD 57.8 in the fourth quarter of 2016. Annual revenue was USD 226.9 million for both 2017 and 2016.

Total broadband revenue was USD 28.4 million for the fourth quarter of 2017, compared to USD 30.1 million for the fourth quarter of 2016, and was USD 123.1 million for 2017, compared to USD 115.8 million for 2016.

Consumer revenue was USD 9.2 million for the fourth quarter of 2017, compared to USD 9.4 million for the fourth quarter of 2016. 2017 revenue was USD 37.1 million, comprising 16.4 percent of total revenue, compared to USD 37.7 million for 2016, comprising 16.7 percent of total revenue.

Consumer broadband revenue was USD 6.2 million for the fourth quarter of 2017, compared to USD 6.4 million for the fourth quarter of 2016, and was USD 25.4 million for 2017, compared to USD 25.0 million for 2016.

Regulatory revenue was USD 12.6 million for the fourth quarter of 2017, compared to USD 13.0 million for the fourth quarter of 2016. 2017 revenue was USD 50.7 million for 2017, comprising 22.3 percent of total revenue, compared to USD 52.3 million for 2016, comprising 23.0 percent of total revenue.

Alaska Communications (NASDAQ: ALSK) 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.