Alaska Communications Systems Group CEO Discusses Q3 2010 Results - Earnings Call Transcript
Lastly, any non-GAAP measurements referred to during this call have been reconciled to the nearest GAAP measure. You may find these reconciliations, today’s press release, and our SEC filings on our investor website at www.alsk.com.
We will begin the call with Liane providing an overview. Then Anand will discuss operating details; I will cover Q3 metrics and financial performance, and recap our recently executed term loan refinancing. With that I would like to turn the call over to Liane. Liane?
Liane PelletierThank you, David. Since Q3 of last year, we've generated $5.2 million of growth in enterprising wireless data revenues. Access points and other revenues were $6.5 million, lower this year versus last, and about half of that difference is associated with out of period revenues hitting 2009. Our company practice of process improvement and strategic focus helped maintain third quarter 2010 EBITDA to be level with that of third quarter 2009. Since our last call, we funded a major brand relaunch and a new website. We refinanced our term loan and revolver. We designed and turned up some complex enterprise data networks, and we closed the TekMate investment with significant market activity proving the power of that partnership. Earlier this week we issued press releases that describe how customers have taken advantage of the solutions enabled by the ACS TekMate CONNECT/HOST/MANAGE capabilities. Anand will profile the very different solution approach we bring to the market, shifting boldly from the commodity connectivity [plays] that the Alaska market is used to getting, and really playing off the brand promise of delivering smarter thinking to our customers. The thinking extends beyond enterprise data solutions and extends into our wireless business, where we also help customers live the mobile lifestyle with our fast mobile network and devices like MiFi and a growing Android lineup.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV