LICT Corporation Reports Results for the 3rd Quarter 2024
LICT CORP (LICT)
NASDAQ:AMEX Investor Relations:
lictcorp.com/investors
Company Research
Source: Business Wire
Increase In Revenues of 16.9% for the Third QuarterEBITDA Up 26% to $13.7 million from $10.8 million in prior yearLICT continues to assume costs for Affordability Connect Program (which was ended in May 2024) customers through January 2025.Approved Designated Charitable Contribution2024-Unaudited Third Quarter Results RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation (“LICT” or the “Company”; OTC Pink®: LICT) reports financial results for the quarter ended September 30, 2024. Data for all periods has been adjusted for the spin-off of MachTen on August 31, 2023, whose 2023 results are presented as discontinued operations.Total revenues in the third quarter of 2024 increased by $4.9 million to $33.7 million versus $28.8 million in the same quarter a year ago.Regulated revenues were $14.8 million in the third quarter of 2024, an increase of $3.5 million versus the prior year’s third quarter of $11.3 million. The acceptance of Enhanced ACAM (E-ACAM) accounted for a $3.5 million increase in
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