CIBL, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:55 pm
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CIBL, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.484 million compared to USD 0.447 million a year ago. Net loss was USD 0.01 million compared to USD 0.17 million a year ago. Basic loss per share from continuing operations was USD 0.77 compared to USD 12.91 a year ago.
For the six months, sales was USD 0.953 million compared to USD 0.89 million a year ago. Net income was USD 0.009 million compared to net loss of USD 0.252 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to basic loss per share from continuing operations of USD 18.79 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. 
