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Otelco Inc. Reveals Advance In Q1 Bottom Line

Otelco Inc. (OTEL) revealed a profit for its first quarter that rose from the same period last year.

The company's bottom line came in at $2.28 million, or $0.66 per share. This compares with $2.00 million, or $0.58 per share, in last year's first quarter.

The company's revenue for the quarter fell 5.8% to $15.76 million from $16.73 million last year.

Otelco Inc. earnings at a glance:

-Earnings (Q1): $2.28 Mln. vs. $2.00 Mln. last year.
-EPS (Q1): $0.66 vs. $0.58 last year.
-Revenue (Q1): $15.76 Mln vs. $16.73 Mln last year.

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