lumos networks corp
(LMOS:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
lumos networks corp (LMOS) Snapshot
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Open
$15.68
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Previous Close
$15.62
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Day High
$15.75
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Day Low
$14.36
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52 Week High
05/14/13 - $17.06
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52 Week Low
09/24/12 - $7.50
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Market Cap
315.7M
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Average Volume 10 Days
125.0K
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EPS TTM
$0.97
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Shares Outstanding
21.9M
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EX-Date
06/11/13
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P/E TM
14.8x
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Dividend
$0.56
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Dividend Yield
3.88%
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lumos networks corp (LMOS) Latest News
lumos networks corp (LMOS) Related Businessweek News
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Lumos Networks Corp. provides fiber-based network services in the Mid-Atlantic region. It operates in two segments, Competitive and Rural Local Exchange Carrier (RLEC). The Competitive segment offers Metro Ethernet, Internet protocol services, high-capacity private line and wavelength services, high-speed DSL access, high speed Internet access, and video services, as well as voice services. As of December 31, 2012, this segment operated approximately 110,000 competitive local exchange carrier lines; 40,000 broadband network connections; and 5,800 mile long haul fiber network. The RLEC segment provides wireline communications services to residential and enterprise customers in the western Virginia cities of Waynesboro and Covington, as well as Alleghany, Augusta, and Botetourt counties. As of the above date, this segment operated approximately 31,200 RLEC telephone access lines. In addition, the company offers voice services and Primary Rate ISDN services. It serves carrier, business, and residential customers. Lumos Networks Corp. is headquartered in Waynesboro, Virginia.
Last Reported Date: 03/8/13
lumos networks corp (LMOS) Top Compensated Officers
lumos networks corp (LMOS) Key Developments
Lumos Networks Corp. named Jeffrey 'Jake' Miller, as Senior Vice President of Business Development. Mr. Miller comes to Lumos with over 20 years of experience in the telecommunications industry at both Adelphia Communications and at TelCove.
Lumos Networks Corp. announced that it plans to build 100 Gig wavelength routes connecting Richmond to Ashburn and Lynchburg in Virginia. These networks are poised to handle the exponential growth in bandwidth as well as the need for superior latency and route diversity demanded by Enterprise and Carrier customers within Virginia driven by healthcare, education, financial and other bandwidth intensive applications. The company will be offering a full suite of Ethernet, IP and wavelength services to key business parks, data centers and carrier POPs over a 92-mile metro ring connecting Richmond to key destinations in Lumos Networks' existing markets. The ability to leverage previously unattainable network speeds will be of great benefit to the educational, governmental, healthcare and research sectors throughout the Greater Richmond region.
Lumos Networks Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company announced operating revenues of $52,534,000 compared to $51,412,000 for the same period a year ago. Operating income was $13,726,000 compared to $11,585,000 for the same period a year ago. Income before income tax expense was $10,810,000 compared to $8,752,000 for the same period a year ago. Net income was $6,478,000 compared to $5,309,000 for the same period a year ago. Net income attributable to the company was $6,409,000 compared to $5,287,000 for the same period a year ago. Basic and diluted earnings per common share attributable to the company stockholders, basic and diluted was $0.30 compared to $0.25 for the same period a year ago. Net cash provided by operating activities was $18,577,000 compared to $19,227,000 for the same period a year ago. Purchases of property, plant and equipment was $15,032,000 compared to $17,369,000 for the same period a year ago. Total adjusted EBITDA was $24,695,000 compared to $22,291,000 for the same period a year ago. The company provided earnings guidance for the second quarter and re-iterated earnings guidance for the full year of fiscal 2013. In the second quarter of 2013, the company expects revenue to be approximately $52 million and adjusted EBITDA approximately $24 million. For the full year 2013, the company re-iterates its prior guidance for revenue to be in the range of $208 million to $212 million and adjusted EBITDA in the range of $94 to $97 million. The board of directors of the company declared a dividend on its common stock in the amount of $0.14 per share to be payable on July 11, 2013 to stockholders of record on June 13, 2013.
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Industry Analysis
LMOS
Industry Average
| Valuation | LMOS | Industry Range |
| Price/Earnings | 18.6x |
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| Price/Sales | 1.5x |
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| Price/Book | 4.8x |
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| Price/Cash Flow | 6.0x |
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| TEV/Sales | 0.1x |
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To contact LUMOS NETWORKS CORP, please visit www.lumosnetworks.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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