Last $12.15 USD
Change Today -0.09 / -0.74%
Volume 101.7K
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

general communication inc-a (GNCMA) Key Developments

General Communication, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year of 2014

General Communication Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $241 million, adjusted EBITDA of $93 million, and net income of $13 million or $0.30 per share. Consolidated revenues of $241 million increased 7% on a sequential basis and increased 11% on a year-over-year basis. Adjusted EBITDA of $93 million represented a 10% increase on a sequential basis and an 18% increase on a year-over-year basis. This record performance was driven by extraordinary political advertising and sustained strength in wireless roaming. Operating income was $49,336,000 compared to $38,684,000 a year ago. On a year to date basis, consolidated revenues were $681 million, representing a 15% increase over the same period in 2013. Adjusted EBITDA was $252 million, a 27% increase over the same period last year. Net income was $23 million or $0.55 per share, a 40% and a 41% increase over the same period last year, respectively. Cash expenditures for property and equipment have totaled $125 million year to date, which includes $19 million for the purchase of real estate, implying $106 million in core cash capital expenditures. Operating income was $118,015,000 compared to $87,439,000 a year ago. The company provided earnings guidance for the full year of 2014. For the period, the company is continuing its guidance for 2014 core cash capital expenditures of approximately $170 million.

General Communication Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-13-2014 01:55 PM

General Communication Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-13-2014 01:55 PM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States. Speakers: Tom Chesterman, IR.

GCI Announces Availability of GCI TV Powered by TiVo in Kotzebue

General Communication Inc. has announced the availability of GCI TV powered by TiVo in Kotzebue, Alaska. Using TiVo, customers can now access entertainment and social content on their TV and mobile devices. Using a four-time Emmy Award-winning recommendation engine, GCI TV powered by TiVo allows consumers to easily find, record and view entertainment options on TV, On Demand as well as online from popular sites and applications like Netflix, Amazon, Pandora, YouTube and much more. Also, with TiVo Stream, consumers can watch their favorite programs when and where they want on their tablet or smartphone, even without an Internet connection.

General Communication Inc. to Report Q3, 2014 Results on Nov 05, 2014

General Communication Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 05, 2014

General Communication Inc., Q3 2014 Earnings Call, Nov 06, 2014

General Communication Inc., Q3 2014 Earnings Call, Nov 06, 2014

 

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GNCMA

Industry Average

Valuation GNCMA Industry Range
Price/Earnings 31.1x
Price/Sales 0.6x
Price/Book 2.7x
Price/Cash Flow 2.5x
TEV/Sales NM Not Meaningful
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