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Otelco Inc. Earnings Rise In Q4

Otelco Inc. (OTEL) revealed a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line rose to $7.38 million, or $2.14 per share. This was higher than $0.95 million, or $0.27 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 0.2% to $16.79 million. This was down from $16.83 million last year.

Otelco Inc. earnings at a glance:

-Earnings (Q4): $7.38 Mln. vs. $0.95 Mln. last year.
-Earnings Growth (Y-o-Y): 676.8%
-EPS (Q4): $2.14 vs. $0.27 last year.
-EPS Growth (Y-o-Y): 692.6%
-Revenue (Q4): $16.79 Mln vs. $16.83 Mln last year.
-Revenue Change (Y-o-Y): -0.2%

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