Newton Independent
Iowa Telecom announced first quarter net income of $4.51 million or $0.14 per share, compared to $6.96 million or $0.21 per share in the prior year quarter.
Operating Income for the quarter was $14.86 million, compared to $19.51 million in the year-ago quarter.
Revenues for the quarter rose to $61.29 million from $60.85 million in the previous year quarter.
"Our business continued to deliver another solid quarter of overall results, despite the challenging macroeconomic environment," said
You can read the company press release here.
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