CIBL, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 20, 2021 at 10:34 am
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CIBL, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 454,000 compared to USD 396,000 a year ago. Operating loss was USD 252,000 compared to USD 116,000 a year ago. Net loss was USD 170,000 compared to USD 39,000 a year ago. Basic loss per share from continuing operations was USD 10.91 compared to USD 2.32 a year ago. For the half year, sales was USD 951,000 compared to USD 872,000 a year ago. Operating loss was USD 303,000 compared to USD 168,000 a year ago. Net loss was USD 37,000 compared to USD 94,000 a year ago. Basic loss per share from continuing operations was USD 2.33 compared to USD 5.56 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.