Alaska Communications Systems Reports Operating Results for the Year Ended December 31, 2000.
Business Wire › February 22, 2001
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Alaska Communications Systems Reports Operating Results for the Year Ended December 31, 2000.
Business Editors
ANCHORAGE, Alaska--(BUSINESS WIRE)--Feb. 22, 2001 Alaska Communications Systems Group, Inc. ("ACS") (Nasdaq:ALSK) reported today results of operations for 2000 which were in line with guidance provided during the company's third quarter conference call. Revenues for 2000 were $313.0 million compared to combined revenues of $299.9 million for 1999, a growth of 4.4%. After adjusting for certain unusual and non-recurring charges, consolidated EBITDA, or Earnings Before Interest, Taxes, Depreciation and Amortization, increased 8% to $116.9 million for 2000 compared to $108.1 million on a similarly stated basis for 1999. Chuck Robinson, Chairman and CEO of ACS, said, "Although 2000 represented a challenging year for ACS on the regulatory front, we achieved continued strong growth in customers, revenues and operating cash flow. The company made significant strides in continuing the consolidat...See the full content of this document
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