Alaska Communications Systems Group Inc. on Thursday reported a first-quarter loss of $676,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Anchorage, Alaska-based company said it had a loss of 1 cent. Earnings, adjusted to extinguish debt, were 2 cents per share.
The Alaska broadband and service company posted revenue of $56.7 million in the period.
The company’s shares closed at $2.37. A year ago, they were trading at $1.77.
