CIBL, Inc. Announces Earnings Results for the First Quarter Ended March 31, 2020
July 26, 2020
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CIBL, Inc. announced earnings results for the first quarter ended March 31, 2020. For the quarter, the company sales was USD 476,000. Operating loss was USD 52,000 compared to USD 86,000 a year ago. Net loss was USD 55,000 compared to net income of USD 103,000 a year ago. Basic loss per share from continuing operations was USD 3.24 compared to basic earnings per share from continuing operations of USD 6.28 a year ago.
CIBL, Inc. is a holding company. The Company primarily consists of cash and liquid investments and an operating broadband and telecommunications operation in New Hampshire. The Company and its wholly owned subsidiaries provide voice, high speed data and other telecommunications services. It provides broadband and communications services to an approximately 35-square-mile area in northern New Hampshire, including the Omni Mount Washington Hotel and Resort, The Mount Washington Cog Railway and the summit of Mount Washington, New Hampshireâs highest mountain.