LICT (OTCMKTS:LICT) Issues Earnings Results

LICT (OTCMKTS:LICT) announced its quarterly earnings data on Thursday. The company reported $77.00 earnings per share for the quarter, Zacks reports. The firm had revenue of $36.30 million during the quarter.

LICT Stock Performance

Shares of LICT stock remained flat at $12,000.00 during mid-day trading on Friday. The stock had a trading volume of 6 shares, compared to its average volume of 6. LICT has a 52-week low of $9,800.00 and a 52-week high of $13,900.00. The company has a 50-day moving average of $11,398.61 and a 200-day moving average of $10,988.03. The firm has a market capitalization of $240 million, a PE ratio of 13.64 and a beta of 0.17.

LICT Company Profile

LICT Corporation is a telecommunications holding company headquartered in Hudson, New York. Operating under the ticker OTCMKTS:LICT, the company specializes in the design, deployment and management of fiber‐based broadband, voice and managed network solutions. LICT serves a broad customer base that includes small and medium enterprises, government and educational institutions, as well as residential subscribers in rural and suburban communities.

The company’s service portfolio encompasses dark fiber leasing, point-to-point and ring-based fiber transport, high-speed Internet access, managed security and cloud connectivity solutions.