CIBL, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
December 07, 2023 at 12:03 pm
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CIBL, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.475 million compared to USD 0.518 million a year ago. Net income was USD 0.162 million compared to net loss of USD 0.049 million a year ago. Basic earnings per share from continuing operations was USD 13.04 compared to basic loss per share from continuing operations of USD 3.73 a year ago.
For the nine months, sales was USD 1.43 million compared to USD 1.41 million a year ago. Net income was USD 0.171 million compared to net loss of USD 0.301 million a year ago. Basic earnings per share from continuing operations was USD 13.7 compared to basic loss per share from continuing operations of USD 22.59 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. 
