LICT News and Press, Lict Corp From 08/03/20

This article was highlighted for PRO subscribers, Seeking Alpha’s service for professional investors. Find out how you can get the best content on Seeking Alpha here . Alaska Communications ( ALSK ) is a sleepy telecommunications company. It sells broadband, voice, IT services, and...

I just interviewed Dave Waters, founder of Alluvial Capital, and talked about what draws him toward the forgotten realms of the stock market. For years he's been digging for very interesting companies here. Dave explains how he finds ideas, what kind of ideas he likes, and talks about one...

Original post Editor's Note : The summary bullets for this article were chosen by Seeking Read more ...

Revenues increased to $30.0 million from $28.2 million EBITDA grew to $14.3 million from $13.3 million Earnings per share from operations climbed to $324 per share from $264 per share Sale of wireless partnership interest LICT Corporation (“LICT” or ...

Salvatore M. Salibello has been appointed to the LICT Corporation Board of Directors and will serve as the Chairman of the Audit Committee. Mr. Salibello is a Certified Public Accountant and a Senior Member of Bright Side Group, LLC. He is the Founder, and served as the Managing Partner, of t...

The Board of Directors of LICT Corporation (“LICT” OTC Pink ®: LICT) approved a charitable contribution program in order to help our communities cope with the effects of the COVID-19 pandemic. In particular, each of our 338 teammates, together with their companies are ready...

LICT Corporation (“LICT” or the “Company”; OTC Pink ®: LICT) has borrowed the entire $50 million under its revolving credit facility with CoBank. The addition of the $50 million in new borrowings increases LICT’s pro-forma gross cash balance to just un...

  LICT achieves another quarter of solid revenue growth, stable EBITDA, and strong cash from operations; balance sheet strengthens as net cash grows Fourth Quarter Revenues increased 10% to $31.2 million from $28.4 million. EBITDA grew to $14.7 million from $13.4 milli...

Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...

LICT Corporation (“LICT” or the “Company”; OTC Pink ®: LICT) has closed the sale of its minority interest in the Modoc RSA Limited Partnership (“Modoc”) to Verizon Wireless. LICT had announced the signing of a definitive agreement for this trans...