“Finally, with debt balances coming down we create headroom for the business going forward. We are managing from a position of strength as we reduce our debt, build cash and invest for our future,” Graham said.
The company also provided guidance for its operations this year that was similar to the prior guidance: revenue is expected to total between $340 million and $350 million for the year; adjusted earnings before income taxes, depreciation and amortization, or EBITDA, of $105 million to $110 million, and free cash flow of $20 million to $25 million. Capital spending will likely come in moderately lower than the previously expected $50 million, Graham said.
ACS President and CEO Anand Vadapalli said the company was happy with its third quarter performance, particularly the growth in broadband revenue.
“This overall wireline growth is unique to our sector,” Vadapalli said.
Broadband revenue increased 19.4 percent compared to the same quarter of the prior year, with a 1.2 percent increase in wireline revenue. Compared to the prior year, consumer revenue grew 5.3 percent to $10.3 million this year, and business and wholesale revenue grew 3.7 percent, to $2.5 million.
Those increases resulted in part from 112 new business broadband connections and 506 new consumer broadband connections compared to the prior quarter.
Common this is BS, I'd like to this to be true of course but it's BS.
Or I going to buy it, since it's getting so ridiculously cheap. Management for sure bunch of Idiots..
F* JPM Crooks manipulating entire Gold market. All paper. COMEX doesn't even cover 3% of Delivery. GOLD is not available, they are selling Paper.
Simply because shareholders are complete morons. Company made $2.50/share already in 2013, but stock trading at $2 nice, what is the P/E? 0.5???
Buy, stupid moron, while you can, you shorts are f* NUTS. Soon all going to get wiped out by
shorting Century low.
If you stripe out everything you mention, what is the real earnings? And why they report 1.33 if you said they didn't earn it???
Well, you can actually say thanks to Bernank, ECB, JPM, GS and of course Kuroda, Central planners, They are printing F* money like there is no tomorrow, while dumping bunch of Naked paper futures controlling "Metals" Spot. Ponzi of the Centrury.. Like: "We can print all we want and GOLD/Silver should go down" . Well, we'll see, you fkers, We'll see..
Buying more here, f* it!
What is the problem here? f* Idiocy, even if they Earn nothing still for this Ear stock earn enough to trade in 3-5$ area and be at 7-10 P/E, what is P/E now? 0.5? Bunch of morons! Volume almost 3 mil, where those shares coming from? Ridiculous actions
$1,19/share I'll take it, Earnings was superior. Stock just horrible. It was that way all alone. That's why it's trading at 1-2 P/E, So you are saying Earnings were bad.. Estimate for this quarter was 0.00$. So what is the Actual earnings per share then in your research? What is it? What the number? Per Q per Share diluted???
I think this stock owned by Morons, Earnings were Beat and were Great
1.19/share go check how much TESLA is earning, less than ZERO to be exact and
stock trading at $140-150-170. This Market is Casino and no logic apply here.
"short of expectations" What Expectation, The Expectations were 0.00$ for this Q you idiot and ALSK report $1.19/share. #$%$ Wrong with the stock, not sure. No News other than Earnings.
8 Years ago this was $6 stock with 12-14$ Silver. Now $22/Silver not good enough?
Entire Miner industry is f* scam. Sucking money out of investors, dilution after dilution.
2.40 Stock making 1.19 per diluted share per Quoter second Q in the row? This is
a freaking GOLD mine. What is the P/E now ? 0.5 ??? Am I missing something here?
What the heck is going on here?