Anchorage, Alaska (AP) - Alaska Communications Systems Group Inc. on Thursday reported first-quarter profit of $606,000.
On a per-share basis, the Anchorage, Alaska-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were 2 cents per share.
The Alaskan broadband and service company posted revenue of $60.7 million in the period.
The company's shares closed at $3.30. A year ago, they were trading at $2.05.