LICT Corp.’s revenue, earnings per share rise

August

LICT Corp., a Rye-based telecommunications and media company, said its revenue in the second quarter fell 1.9 percent to $24.7 million, compared with $25.2 million a year ago. The company earned $126.72 a share in the quarter, which included $48 a share in recognized income from the New York state portion of the dissolution of the Rural Telephone Bank. Without the income, earnings would have been $79 a share. A year ago, the company earned $94.04 a share. Net income was $3.2 million, up from $2.4 million a year ago.

This entry was posted on Thursday, August 21st, 2008 at 12:07 pm by Julie Moran Alterio.
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