Warwick Valley Telephone Company (WWVY: Quote), also known as WVT Communications Group, reported a second-quarter net loss applicable to common stock of $235,000 or $0.04 per share, slightly narrower than the year-ago net loss of $247,000 or $0.05 per share.
Total operating revenues for the latest quarter rose 19 percent to $6.9 million from $5.8 million last year.
The company attributed the increase in revenue to the consolidation of financial results for the acquisition of Alteva and organic unified communications services revenue growth.
Click here to receive FREE breaking news email alerts for warwick valley telephone co. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News