LICT Corporation Reports Record Second Quarter Results
LICT CORP (LICT)
NASDAQ:AMEX Investor Relations:
lictcorp.com/investors
Company Research
Source: Business Wire
Revenues increased by 14% to $31.4 million from $27.5 million.EBITDA grew to $15.9 million from $12.8 million.Earnings per share from on-going operations climbed to $393 per share from $247 per share in 2018, which excluded $120 per share gain on the sale of a minority interest in an investment. RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT) reports financial results for the quarter ending June 30, 2019.SECOND QUARTER RESULTS – In 2019, LICT’s second quarter revenues increased 14% or $3.9 million to $31.4 million compared to $27.5 million for the corresponding quarter in 2018. EBITDA grew 24% to $15.9 million in the second quarter of 2019 as compared to $12.8 million in the second quarter of 2018.Regulated revenues increased by 18.8%, to $17.7 million in the second quarter of 2019 from the prior year’s $14.9 million. Non-regulated revenues gained 8.5%, to $13.7 million from the prior year’s $12.6 million due to increased broadband and compe
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