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Otelco Inc. Bottom Line Retreats In Q3

Otelco Inc. (OTEL) revealed earnings for third quarter that dropped from the same period last year.

The company's bottom line totaled $1.82 million, or $0.53 per share. This compares with $2.33 million, or $0.67 per share, in last year's third quarter.

The company's revenue for the quarter fell 3.0% to $15.76 million from $16.25 million last year.

Otelco Inc. earnings at a glance:

-Earnings (Q3): $1.82 Mln. vs. $2.33 Mln. last year.
-EPS (Q3): $0.53 vs. $0.67 last year.
-Revenue (Q3): $15.76 Mln vs. $16.25 Mln last year.

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