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NTS Reports 1Q 2012 EBITDAS Increase of 34.5% to $2.7 Million
LUBBOCK, Texas, May 16, 2012 (BUSINESS WIRE) -- NTS, Inc., f/k/a Xfone, Inc. (nyse amex/tase:NTS) ("NTS" or "the Company") announces results for the three months ended March 31, 2012.
Revenue
Revenue from the Company's Fiber-To-The-Premise (FTTP) business grew 38.3% to $4.1 million in the first quarter ended March 31, 2012, as compared to $2.9 million for the same prior year period. FTTP revenue represented 27.3% of total revenue for the first quarter of 2012, as compared to 20.7% of total revenue for the first quarter of 2011. Sequentially, fiber revenues grew 12.5% in the first quarter of 2012 as compared to fiber revenues of $3.6 million in the fourth quarter of 2011.
Source: MarketWatch (press release)