This Day On The Street
Continue to site right-arrow
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

NTS Reports Record 2012 EBITDAS Of $11.9 Million

NTS, Inc. (NYSE MKT/TASE: NTS) (“NTS” or the “Company”) announces results for the three months and year ended December 31, 2012.


Revenues from the Company’s Fiber-To-The-Premises (“FTTP”) business grew 34.8% to $4.9 million in the fourth quarter ended December 31, 2012, as compared to $3.6 million for the same period in 2011. FTTP revenues represented 32.7% of consolidated revenues for the fourth quarter of 2012, as compared to 24.6% of consolidated revenues for the fourth quarter of 2011.

Consolidated revenues for the quarter ended December 31, 2012 were $14.9 million, a 1.6% increase compared to $14.7 million in the quarter ended December 31, 2011, mainly attributed to the growth of the Company’s FTTP business.

For the year ended December 31, 2012, revenues from the Company’s FTTP business grew 39.9% to $18.2 million from $13 million last year. Consolidated revenues for the year ended December 31, 2012 were $59.9 million, an increase of 3.8% compared to consolidated revenues of $57.7 million for the year ended December 31, 2011.

Customer Expansion

The Company’s total number of FTTP customers as of December 31, 2012 was 9,460 compared to 7,267 FTTP customers as of December 31, 2011, representing an increase of 30.2%.The increase in the Company’s customer base is a result of our expansion into additional communities and increased penetration.

Average Revenue Per User for all of the Company’s fiber markets is approximately $393 per month for business customers and approximately $101 per month for residential customers.

The FTTP network build out is primarily financed by $99.9 million in funds from the Federal Broadband Stimulus Program, of which 45.9% is in the form of grants and 54.1% is in the form of low cost long-term loans.

New Market Progress

During the fourth quarter of 2012, NTS continued its sales and marketing efforts to build upon the customer base it has established in 14 communities in Texas. Following the close of the fourth quarter, NTS began signing up fiber customers in Iowa Park, Texas and also added customers in Wichita Falls, Texas where the Company is targeting more than 1,000 potential business customers. Additionally, NTS continued construction on its FTTP network in southern Louisiana, where its fiber network will eventually include residential and business customers in the communities of Hammond, Ponchatoula, Natalbany, Tickfaw, Independence and Amite, Louisiana, adding approximately 11,500 FTTP passings.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs