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Alaska Communications reports 1Q loss

ANCHORAGE, Alaska (AP) _ Alaska Communications Systems Group Inc. (ALSK) on Thursday reported a first-quarter loss of $676,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Anchorage, Alaska-based company said it had a loss of 1 cent. Earnings, adjusted to extinguish debt, were 2 cents per share.

The Alaskan broadband and service company posted revenue of $56.7 million in the period.

The company's shares closed at $2.37. A year ago, they were trading at $1.77.


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


Keywords: Alaska Communications Systems, Earnings Report