Last $5.09 USD
Change Today -0.01 / -0.20%
Volume 6.3K
OTEL On Other Exchanges
Symbol
Exchange
NASDAQ CM
Berlin
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

otelco inc-a (OTEL) Snapshot

Open
$5.10
Previous Close
$5.10
Day High
$5.10
Day Low
$5.06
52 Week High
01/15/14 - $7.20
52 Week Low
08/6/14 - $4.47
Market Cap
15.8M
Average Volume 10 Days
3.6K
EPS TTM
--
Shares Outstanding
2.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for OTELCO INC-A (OTEL)

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otelco inc-a (OTEL) Details

Otelco Inc. provides various telecommunications services on a retail and wholesale basis. It offers local services, including voice access lines that provide local dial tone and calling features, such as caller identification, call waiting, call forwarding, and voicemail; long distance services; billing and collection services for other carriers under contract; directory advertising services; and other telephone related services comprising leasing, selling, installing, and maintaining customer premise telecommunications equipment, as well as the publication of local telephone directories and wireline voice telephone services. The company also provides network access services, which include the origination, transportation, and termination of calls of long distance, wireless, and other interexchange carriers; basic, digital, high-definition, digital video recording, video on demand, and pay per view cable television services; digital high-speed and dial-up Internet access, as well as ancillary services, which include Web hosting and computer virus protection; Internet protocol television; and other telephone related services. In addition, it resells satellite services for DirecTV; and rents fiber to transport data and other telecommunications services. The company primarily serves business and residential customers residing in and adjacent to the exchanges in Alabama, Massachusetts, Maine, Missouri, Vermont, and West Virginia; and business customers in Maine and New Hampshire. As of December 31, 2013, it operated 98,744 voice and data access lines. The company was founded in 1998 and is based in Oneonta, Alabama.

251 Employees
Last Reported Date: 03/14/14
Founded in 1998

otelco inc-a (OTEL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $414.2K
President
Total Annual Compensation: $212.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $246.2K
Senior Vice President, General Manager of Ala...
Total Annual Compensation: $216.6K
Senior Vice President of New England Division...
Total Annual Compensation: $175.5K
Compensation as of Fiscal Year 2013.

otelco inc-a (OTEL) Key Developments

Otelco Inc. Announces Executive Changes

Otelco Inc. announced that Michael D. Weaver, Chief Executive Officer and a director of Otelco, will retire on December 31, 2014. Coincident with Mr. Weaver’s retirement, the Board of Directors of the company has appointed Robert J. Souza, currently President of Otelco, to the additional position of Chief Executive Officer. Mr. Souza was also elected to the Board of Directors effective with Mr. Weaver’s retirement. Mr. Weaver will serve as a consultant to the company for one year to ensure a smooth transition.

Otelco Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year 2014

Otelco Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $18.421 million against $18.980 million a year ago. Income from operations was $4.625 million against $4.301 million a year ago. Income before reorganization items and income tax was $2.152 million against $1.825 million a year ago. Income before income tax was $2.152 million against $0.885 million a year ago. Net income available to stockholders was $1.387 million against $1.472 million a year ago. Basic net income per common share was $0.45 against $0.47 a year ago. Adjusted EBITDA was $7.249 million against $7.256 million a year ago. Capital expenditures were $1.578 million against $1.551 million a year ago. The decrease in revenue due to the FCC's InterCarrier Compensation reform order account for the majority of the decline, and that was partially offset by new cloud hosting and managed services revenue of $0.2 million for the third quarter relating to the acquisition of Reliable Networks at the beginning of the year. In addition, the company's Adjusted EBITDA has varied by no more than 3% per quarter in 2014. The network efficiencies in New England and cable programming cost reductions in Alabama that were implemented earlier this year continued to positively impact the company's third quarter Adjusted EBITDA. For the nine months, the company reported revenues of $55.692 million against $59.634 million a year ago. Income from operations was $13.036 million against $14.310 million a year ago. Income before reorganization items and income tax was $6.646 million against $4.317 million a year ago. Income before income tax was $6.646 million against $113.630 million a year ago. Net income available to stockholders was $4.089 million against $109.346 million a year ago. Basic net income per common share was $1.32 against $38.24 million a year ago. Net cash provided by operating activities was $15.069 million against $12.986 million a year ago. Acquisition and construction of property and equipment was $4.491 million against $3.133 million a year ago. Adjusted EBITDA was $22.154 million against $24.491 million a year ago. For the year 2014, the company expects annual CapEx to be in the $6 million to $6.5 million range, and expects effective tax rate was 35% to 38% for the year.

Otelco Inc. to Report Q3, 2014 Results on Nov 12, 2014

Otelco Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 12, 2014

 

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Industry Analysis

OTEL

Industry Average

Valuation OTEL Industry Range
Price/Earnings 4.1x
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow 1.0x
TEV/Sales NM Not Meaningful
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