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Otelco Inc. Reports Gain In Q1 Earnings

Otelco Inc. (OTEL) reported earnings for its first quarter that increased from last year.

The company's earnings totaled $2.00 million, or $0.58 per share. This compares with $1.61 million, or $0.47 per share, in last year's first quarter.

The company's revenue for the quarter fell 3.7% to $16.73 million from $17.38 million last year.

Otelco Inc. earnings at a glance:

-Earnings (Q1): $2.00 Mln. vs. $1.61 Mln. last year.
-EPS (Q1): $0.58 vs. $0.47 last year.
-Revenue (Q1): $16.73 Mln vs. $17.38 Mln last year.

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