Business in the Burbs

LICT Corp. reports slight rise in quarterly revenue

June

LICT Corp., a Rye-based telecommunications and media company, reported yesterday that its revenues for its fiscal first quarter ending March 31 rose to $25.4 million, up 1.7 percent from $25 million a year ago.

Earnings per share were $250.64, compared to $89.61 a year ago.

Per-share earnings in the quarter included a gain of $148 a share from the sale of four 700-megahertz wireless licensesÂ to AT&T Mobility II LLC for $6.6 million. Excluding the sale, per-share earnings were $103, LICT said.

This entry was posted on Thursday, June 19th, 2008 at 3:56 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings season

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