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Consolidated Communications Posts 4Q Profit
Stock quotes in this article:
CNSL
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MATTOON, Ill. (AP) — Telecommunications-service provider Consolidated Communications Holdings Inc. posted a fourth-quarter profit Thursday, boosted by a gain of $7.2 million and higher revenue.
The company's net income applicable to common shareholders totaled $3.6 million, or 11 cents per share, compared with a loss of $1 million, or 4 cents per share, a year earlier. Adjusted earnings were 17 cents per share in the latest quarter.
Revenue jumped 21 percent to $102.7 million from $85 million. ...
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