Overview
Broadband holding company's Q4 revenue rose 28.4% yr/yr due to service and equipment sales
Net income for Q4 was $50,000, nearly flat compared to last year
Company repurchased 371 shares at an average price of $1,702 per share in Q4
Outlook
Company did not provide specific guidance for future quarters or full year
Result Drivers
SERVICE REVENUES - Revenue increase driven by higher service revenues from broadband, end-user terminals, and VoIP
OTHER INCOME - Other income rose due to higher equity earnings from affiliated companies, despite lower investment income
Company press release: ID:nBwNJnl4a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$664,000
Q4 Net Income
$50,000
Q4 Operating Expenses
$814,000
Q4 Operating Income
-$150,000
Q4 Pretax Profit
$84,000
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)