Inteliquent (IQNT) Tops Q3 EPS by 8c
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Inteliquent Reports Third Quarter Results
October 30, 2014 7:00 AM EDTFifth Consecutive Quarter of Growth in Billed Minutes and 2014 Financial Estimates Revised Upward
Financial and operating highlights include:
Fifth consecutive quarter of growth in billed minutes with record billed minutes of use of 34.6 billion, an increase of 13.8% from 30.4 billion in the third quarter of 2013. Voice revenue of $54.0 million, an increase of 7.8% from $50.1 million in the third quarter of 2013. Adjusted EBITDA (a non-GAAP financial measure) of $20.0 million, an increase of 17.6% from $17.0 million in the third quarter of 2013. Revised financial estimates for 2014 of $217 million to $220 million of revenue, $77... More