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Stock impact report

Alaska Comms posts loss amid broad revenue declines [Seeking Alpha]

Alaska Comm Systems Group, Inc (ALSK) 
Last alaska comm systems group, inc earnings: 11/5 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: alsk.com
Company Research Source: Seeking Alpha
Alaska Comms posts loss amid broad revenue declinesAlaska Communications (NASDAQ:ALSK) swung to a loss inQ4 earnings with revenue declines across the board.The company's net loss was $3M vs. a year-ago gain of $1.6M; it capped a full-year net loss of $6.1M, vs. 2016's gain of $2.4M.EBITDA declined to $14.9M from the prior-year $16.4M.Revenue by segment: Business and wholesale, $33.1M (down 6.5%); Consumer, $9.2M (down 2.1%); Regulatory, $12.6M (down 3.1%).Adjusted free cash flow was $2.2M, down from a year-ago $3.1M. Cash at Dec. 31 was $16.2M; net debt was $177.2M.For 2018, "we continue to focus our attention on optimizing capital allocation and cost management, while pursuing opportunities to grow target verticals in our Enterprise & Carrier business," says Senior VP of Finance Laurie Butcher. "While we continue to evaluate the impact of the Rural Health Care program funding status, we are targeting stable performance across all our key financial metrics and expect to provide 2018 g Show less Read more
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