CIBL, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 23, 2022 at 11:22 am
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CIBL, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.447 million compared to USD 0.454 million a year ago. Net loss was USD 0.17 million compared to USD 0.17 million a year ago. Basic loss per share from continuing operations was USD 12.91 compared to USD 10.91 a year ago.
For the six months, sales was USD 0.89 million compared to USD 0.951 million a year ago. Net loss was USD 0.252 million compared to USD 0.037 million a year ago. Basic loss per share from continuing operations was USD 18.79 compared to USD 2.33 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.