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Alaska Communications: 1Q Earnings Snapshot

ANCHORAGE, Alaska (AP) _ Alaska Communications Systems Group Inc. (ALSK) on Monday reported first-quarter profit of $227,000.

The Anchorage, Alaska-based company said it had profit of less than 1 cent on a per-share basis. Earnings, adjusted to extinguish debt, came to 4 cents per share.

The Alaskan broadband and service company posted revenue of $56.9 million in the period.

In the final minutes of trading on Monday, the company's shares hit $1.84. A year ago, they were trading at $1.49.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALSK at https://www.zacks.com/ap/ALSK