This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

USA Mobility Reports Third Quarter Operating Results; Board Declares Regular Quarterly Dividend

USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging, mobile voice and data and unified communications solutions, today announced operating results for the third quarter ended September 30, 2012. In addition, the Company’s Board of Directors declared a regular quarterly dividend of $0.125 per share, payable on December 7, 2012 to stockholders of record on November 16, 2012.

Consolidated revenue for the third quarter was $55.1 million, compared to $56.0 million in the second quarter and $61.5 million in the third quarter of 2011. Revenue from the Company’s Wireless business (USA Mobility Wireless) was $41.4 million in the third quarter, compared to $42.8 million in the second quarter and $48.5 million in the third quarter of 2011. Third quarter revenue from the Software business (Amcom Software) was $13.7 million, compared to $13.2 million in the second quarter and $12.9 million in the year-earlier quarter.

Third quarter EBITDA (earnings before interest, taxes, depreciation, amortization and accretion) totaled $17.8 million, or 32.2 percent of revenue, compared to $18.4 million, or 32.9 percent of revenue, in the second quarter and $21.3 million, or 34.6 percent of revenue, in the year-earlier quarter. Third quarter EBITDA included $16.3 million from Wireless and $1.5 million from Software, compared to $19.9 million and $1.3 million, respectively, in the third quarter of 2011. Excluding purchase accounting adjustments, EBITDA for the third quarter of 2011 would have been $22.8 million, or 36.2 percent of revenue.

Net income for the third quarter was $8.0 million, or $0.36 per fully diluted share, compared to $10.4 million, or $0.46 per fully diluted share, in the third quarter of 2011. Excluding purchase accounting adjustments, net income for the third quarter of 2011 would have been $11.6 million, or $0.51 per fully diluted share.

1 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs