CIBL, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 30, 2022 at 04:31 pm
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CIBL, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.518 million compared to USD 0.478 million a year ago. Net loss was USD 0.049 million compared to USD 0.059 million a year ago. Basic loss per share from continuing operations was USD 3.73 compared to USD 3.87 a year ago.
For the nine months, sales was USD 1.41 million compared to USD 1.43 million a year ago. Net loss was USD 0.301 million compared to USD 0.096 million a year ago. Basic loss per share from continuing operations was USD 22.59 compared to USD 6.13 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.