Cibl, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
October 21, 2020 at 05:29 am
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CIBL, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 396,000. Operating loss was USD 116,000 compared to USD 110,000 a year ago. Net loss was USD 39,000 compared to net income of USD 99,000 a year ago. Basic loss per share from continuing operations was USD 2.32 compared to basic earnings per share from continuing operations of USD 6.13 a year ago. For the half year, sales was USD 872,000. Operating loss was USD 168,000 compared to USD 196,000 a year ago. Net loss was USD 94,000 compared to net income of USD 202,000 a year ago. Basic loss per share from continuing operations was USD 5.56 compared to basic earnings per share from continuing operations of USD 12.41 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.
CIBL, INC. 
