Otelco (OTEL) Set to Announce Earnings on Wednesday

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Otelco (NASDAQ:OTEL) is set to issue its quarterly earnings data after the market closes on Wednesday, November 7th.

Otelco (NASDAQ:OTEL) last posted its quarterly earnings data on Monday, August 13th. The technology company reported $0.85 EPS for the quarter. The firm had revenue of $16.89 million during the quarter. Otelco had a return on equity of 551.97% and a net margin of 20.60%.

Shares of Otelco stock opened at $16.59 on Wednesday. The firm has a market capitalization of $54.89 million, a P/E ratio of 8.18 and a beta of 0.55. The company has a quick ratio of 1.10, a current ratio of 1.35 and a debt-to-equity ratio of 12.15. Otelco has a fifty-two week low of $9.98 and a fifty-two week high of $17.75.

In other news, major shareholder Ira Sochet bought 5,228 shares of the company’s stock in a transaction that occurred on Wednesday, October 24th. The stock was bought at an average price of $15.92 per share, with a total value of $83,229.76. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.90% of the company’s stock.

Otelco Company Profile

Otelco Inc provides a range of telecommunications services on a retail and wholesale basis. Otelco Inc, together with its subsidiaries, provides a range of telecommunication services on a retail and wholesale basis. It offers local services, including voice access lines that provide local dial tone and calling features, such as caller identification, call waiting, call forwarding, and voicemail; long distance services; billing and collection services for other carriers under contract; directory advertising services; and other telephone related services comprising leasing, selling, installing, and maintaining customer premise telecommunications equipment, as well as the publication of local telephone directories and wireline voice telephone services.

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Earnings History for Otelco (NASDAQ:OTEL)

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