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Article: Roseville Communications Company Revenues Reflect Robust Demand for Data Services.
- Article from:
- PR Newswire
- Article date:
- May 4, 2000
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ROSEVILLE, Calif., May 4 /PRNewswire/ --
Roseville Communications Company ("RCC") (OTC Bulletin Board: RVCL) announced operating results for the first quarter 2000. Operating revenues increased to $37.0 million, a gain of $2.0 million, or six percent, over the same period in 1999. Net income was $7.8 million or $.49 per share for the first quarter 2000, compared to net income of $8.3 million or $.52 per share for the same period in 1999.
The company attributed the increase in operating revenues to an increase in data and broadband service revenues, a four percent growth in access lines and increased minutes-of-use volumes. Data revenues for the quarter ...