Otelco, Inc. (OTEL) - NASDAQ
  • Wed, May 4, 5:06 PM
    | Wed, May 4, 5:06 PM
  • Mon, Mar. 7, 5:51 PM
    • Wireline provider Otelco (OTEL -7.4%) posted Q4 results where revenues dropped Y/Y but net income available to stockholders rose nearly 50%.
    • Operating expenses fell 11.9%, and cost of services dropped 6.8% while SG&A expenses were down 25.5%.
    • Retail business access line equivalents were flat; "Our Hosted PBX product and the Classifax offering continue to grow as the market continues its migration to IP-based products," said CEO Rob Souza.
    • Revenue by segment: Local services, $6.2M (down 4.7%); Network access, $5.5M (down 6.1%); Internet, $3.8M (up 5.4%); Transport services, $1.3M (up 1.3%); Video and security, $669K (down 1.9%); Managed services, $230K (up 3.1%).
    • Conference call to come tomorrow at 11:30 a.m. ET.
    • Press Release
    | Mon, Mar. 7, 5:51 PM
  • Mon, Mar. 7, 5:11 PM
    | Mon, Mar. 7, 5:11 PM
  • Wed, Feb. 17, 6:00 PM
    • Regional telecom Otelco (NASDAQ:OTEL) has funded new credit facilities in a total of $105M.
    • The company executed $100M in new term loans and repaid its outstanding bank-syndicated credit facility. It also has a $5M revolver that was undrawn when the new term loans were funded.
    • With the syndicated credit facility repaid, 232,780 outstanding shares of class B stock held by the lender were automatically exchanged for an equal number of Class A shares.
    • It says it can answer investor questions on its regular quarterly results call, set for 11:30 a.m. ET on March 8.
    | Wed, Feb. 17, 6:00 PM
  • Mon, Jan. 25, 5:04 PM
    • Thinly traded telecom Otelco (OTEL +6.8%) has executed new credit facilities that come to a total of $105M in order to refinance its bank facility maturing this spring.
    • Cerberus Business Finance is providing a new five-year term loan for $85M as well as a $5M revolving credit facility. The term loan will come at interest of either 5.5% or at Libor plus an applicable margin equal to 7.75% (with a Libor floor of 1%).
    • Also, NewSpring Mezzanine Capital will provide a five-and-a-half year subordinated term loan for $15M, at cash interest of 12% and in-kind interest at 2%.
    • The company has reduced current borrowings by $62M in a little less than three years to stand at about $100M, says CEO Rob Souza. Its market cap is about $18M.
    | Mon, Jan. 25, 5:04 PM
  • Nov. 4, 2015, 5:12 PM
    • Otelco (NASDAQ:OTEL): Q3 EPS of $0.56
    • Revenue of $17.85M (-3.1% Y/Y)
    | Nov. 4, 2015, 5:12 PM
  • Aug. 4, 2015, 5:10 PM
    • Otelco (NASDAQ:OTEL): Q2 EPS of $0.50
    • Revenue of $17.9M (-3.2% Y/Y)
    | Aug. 4, 2015, 5:10 PM
  • May 5, 2015, 5:03 PM
    • Otelco (NASDAQ:OTEL): Q1 EPS of $0.45
    • Revenue of $18.78M (+6.5% Y/Y)
    | May 5, 2015, 5:03 PM | 1 Comment
  • Mar. 2, 2015, 5:02 PM
    • Otelco (NASDAQ:OTEL): Q4 EPS of $0.29
    • Revenue of $18.2M (-5.8% Y/Y)
    | Mar. 2, 2015, 5:02 PM
  • Feb. 2, 2015, 2:50 PM
    • Wireline telecom provider Otelco (NASDAQ:OTEL) will report Q4 results after market close on Monday, March 2.
    • A conference call will follow the next day, March 3, at 11:30 a.m. ET.
    | Feb. 2, 2015, 2:50 PM
  • Nov. 12, 2014, 5:06 PM
    • Otelco (NASDAQ:OTEL): Q3 EPS of $0.44
    • Revenue of $18.4M (-3.1% Y/Y).
    | Nov. 12, 2014, 5:06 PM
  • Aug. 6, 2014, 5:52 PM
    • Otelco (NASDAQ:OTEL): Q2 EPS of $0.42
    • Revenue of $18.48M (-6.0% Y/Y)
    | Aug. 6, 2014, 5:52 PM
  • May 6, 2014, 7:30 PM
    • Otelco (OTEL): Q1 EPS of $0.45.
    • Revenue of $18.8M (-10.5% Y/Y).
    | May 6, 2014, 7:30 PM | 1 Comment
  • Feb. 25, 2014, 5:58 PM
    • Otelco (OTEL): Q4 EPS of -$0.07.
    • Revenue of $19.3M (-19% Y/Y).
    | Feb. 25, 2014, 5:58 PM
  • Nov. 11, 2013, 6:24 PM
    • Otelco (OTEL): FQ3 EPS of $0.47 vs.$0.12 last year
    • Revenue of $19.0M. (PR)
    | Nov. 11, 2013, 6:24 PM
  • Aug. 8, 2013, 1:53 PM
    • Otelco (OTEL +10.5%) reports Q2 revenues of $19.67M (-20.4% Y/Y). The report is Otelco's first since emerging from a pre-packaged bankruptcy in May.
    • One reason investors are pleased is strong turnaround execution. The company generated NOPBT of $2.91M (excluding reorganization gains of $111.68M), compared to $1.1M in Q2 2012 after adjusting for impairment charges.
    • Adjusted EBITDA was $8.45M ($10.81M prior).
    | Aug. 8, 2013, 1:53 PM
Company Description
Otelco, Inc. is a telecommunications company, which provides a broad range of telecommunications services on a retail and wholesale basis. Its services include local and long distance calling; network access to and from customers; data transport; digital high-speed and dial-up Internet access;... More
Sector: Technology
Industry: Long Distance Carriers
Country: United States