Consolidated Communications: 1Q Earnings Snapshot
Consolidated Communications: 1Q Earnings Snapshot
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MATTOON, Ill. (AP) _ Consolidated Communications Holdings Inc. (CNSL) on Thursday reported a loss of $7.3 million in its first quarter.
On a per-share basis, the Mattoon, Illinois-based company said it had a loss of 11 cents. Losses, adjusted for severance costs and stock option expense, came to 3 cents per share.
The telecommunications company posted revenue of $338.6 million in the period.
Consolidated Communications shares have declined 10 percent since the beginning of the year. The stock has dropped 19 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNSL at https://www.zacks.com/ap/CNSL
