Otelco Inc. Announces 17% Advance In Q2 Bottom Line

(RTTNews) - Otelco Inc. (OTEL) revealed a profit for its second quarter that gained ground from last year.

The company said its bottom line came in at $1.54 million, or $0.45 per share. This was up from $1.32 million, or $0.39 per share, in last year's second quarter.

The company said revenue for the quarter rose 1.0% to $17.41 million. This was up from $17.23 million last year.

Otelco Inc. earnings at a glance:

-Earnings (Q2): $1.54 Mln. vs. $1.32 Mln. last year. -Earnings Growth (Y-o-Y): 16.7% -EPS (Q2): $0.45 vs. $0.39 last year. -EPS Growth (Y-o-Y): 15.4% -Revenue (Q2): $17.41 Mln vs. $17.23 Mln last year. -Revenue Change (Y-o-Y): 1.0%