LICT Corp's prelim Q4 revenue rises on broadband growth

LICT

19/03/2026 12:03

((This story was generated using AI and automation, please see
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    Overview
  
    * U.S. broadband provider's preliminary Q4 revenue rose 8.8% yr/yr, driven by broadband growth
    * Preliminary Q4 EBITDA increased 9% yr/yr, margin stable at 38%
    * Net income for Q4 declined sharply yr/yr due to absence of prior-year non-cash gain

    
    Outlook
  
    * Company expects E-ACAM support to rise to $40.4 mln in 2026, then stabilize at $35.4 mln annually from 2028
    * LICT says construction on USDA ReConnect III and IV broadband projects is underway, with customers already being connected
    * Company expects continued demand for high-speed broadband in rural markets to drive subscriber growth

    
    Result Drivers
  
    * BROADBAND & FIBER GROWTH - Q4 revenue growth driven by broadband subscriber gains, fiber construction activity, and Manti Telephone Company acquisition
    * NON-REGULATED REVENUE BOOST - Non-regulated revenue and EBITDA rose due to a fiber-build project at a subsidiary
    * HIGHER OPERATING COSTS - Regulated EBITDA declined due to increased staffing, professional services, and repair and maintenance in New Mexico and Utah

    
Company press release:  ID:nBw1L5XTCa 
    
    Key Details
  
                               
                               
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
                               
                               
 Q4                  $36.30     
 Revenue             mln       
 Q4 Net              $1.20      
 Income              mln       
 Q4 Capex            $25.75     
                     mln       
 Q4                  $2.65     
 Operatin            mln       
 g Profit                      
    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

(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.)