Printer Friendly

ALC COMMUNICATIONS REPORTS RESULTS FOR TWO MONTHS ENDED AUG. 31, 1992

ALC COMMUNICATIONS REPORTS RESULTS FOR TWO MONTHS ENDED AUG. 31, 1992
 BINGHAM FARMS, Mich., Sept. 18 /PRNewswire/ -- ALC Communications Corporation (AMEX: ALC) today reported net income of $3.7 million ($.14 per share) on revenue of $63.6 million for the two months ended Aug. 31, 1992. These results represent a 7.0-percent increase in revenue and a 61.9-percent increase in profits over the two months ended Aug. 31, 1991, which had net income of $2.3 million ($.07 per share) on revenue of $59.4 million.
 ALC Communications Corporation common stock is traded on the American Exchange under the symbol ALC. Allnet(R), the wholly owned operating subsidiary of ALC(R), provides long-distance products and services to more than 275,000 customers nationwide. The company is headquartered in Bingham Farms and employs 1,500 people nationwide.
 -0- 9/18/92
 /CONTACT: David J. Thomas, vice president and treasurer, ALC Communications, 313-433-4935/
 (ALC) CO: ALC Communications Corporation ST: Michigan IN: TLS SU: ERN


SB -- DE023 -- 1257 09/18/92 16:05 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 18, 1992
Words:173
Previous Article:MERIDIAN BANCORP AGREES TO SETTLE SHAREHOLDERS' LAWSUITS BUT DENIES SUITS' MERIT
Next Article:TAYLOR'S NIGHTCLUB CELEBRATES THIRD YEAR, OPENING LARGEST ALTERNATIVE MUSIC CLUB IN SOUTH JERSEY
Topics:


Related Articles
ALC COMMUNICATIONS ANNOUNCES 1991 PROFITS
ALC COMMUNICATIONS REPORTS RECORD SECOND-QUARTER RESULTS -- PROFITS UP 189 PERCENT
PACIFIC TELECOM REPORTS EARNINGS
ALC COMMUNICATIONS REPORO?NG THIRD-QUARTER RESULTS; PROFITS INCREASED 211 PERCENT
ALC COMMUNICATIONS CORPORATION REPORTS PROFITS UP 289 PERCENT
ALC COMMUNICATIONS REPORTS RECORD 2ND-QUARTER RESULTS; PROFITS UP 89 PERCENT
STRONG FOURTH QUARTER CAPS RECORD-BREAKING YEAR FOR ALC COMMUNICATIONS CORPORATION
ALC RESTRUCTURES MICHIGAN FIBER CONTRACT: CITES MAJOR NETWORK COST REDUCTION
ALC REPORTS RECORD TRAFFIC, REVENUE AND NET INCOME; EARNINGS PER SHARE UP 59%
AN EXPANDED FRONTIER CORP. REPORTS RECORD REVENUES, 21 PERCENT EPS GROWTH FROM OPERATIONS FOR THIRD QUARTER

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters