Alaska Communications Systems Group, Inc., through its subsidiaries, provides broadband telecommunication and managed information technology services to business, wholesale, and consumer customers in the state of Alaska. Its services include voice and broadband services; and managed IT services comprising remote network monitoring and support service, managed IT security and IT professional services, and long distance services primarily over its own terrestrial network to business and wholesale customers. The company's business customers comprise large enterprises; federal, state, and local governments; and small and medium business. It also provides voice and broadband services to residential customers; voice and broadband origination and termination services to inter and intrastate carriers; and access and support services. In addition, Alaska Communications Systems Group, Inc. owns and operates AKORN, an undersea fiber optic cable systems. The company markets and sells its products through direct sales channels. Alaska Communications Systems Group, Inc. was founded in 1998 and is based in Anchorage, Alaska.
Industry, Sector and Symbol
Industry Telephone communication, except radio
Sub-IndustryN/A
SectorUtilities
Phone907-297-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$226.90 million
Profitability
Miscellaneous
Employees589
OptionableOptionable
Alaska Communications Systems Group (NASDAQ:ALSK) Frequently Asked Questions
What is Alaska Communications Systems Group's stock symbol?
Alaska Communications Systems Group trades on the NASDAQ under the ticker symbol "ALSK."
How will Alaska Communications Systems Group's stock buyback program work?
Alaska Communications Systems Group announced that its board has initiated a stock repurchase program on Tuesday, April 11th 2017, which permits the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 116% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
How were Alaska Communications Systems Group's earnings last quarter?
Alaska Communications Systems Group Inc (NASDAQ:ALSK) released its quarterly earnings results on Monday, November, 5th. The utilities provider reported $0.03 EPS for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.02. The utilities provider earned $58.23 million during the quarter, compared to analysts' expectations of $53.63 million. Alaska Communications Systems Group had a return on equity of 2.72% and a net margin of 1.93%. View Alaska Communications Systems Group's Earnings History.
When is Alaska Communications Systems Group's next earnings date?
What guidance has Alaska Communications Systems Group issued on next quarter's earnings?
Alaska Communications Systems Group issued an update on its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $225-230 million.
What is the consensus analysts' recommendation for Alaska Communications Systems Group?
Has Alaska Communications Systems Group been receiving favorable news coverage?
News stories about ALSK stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alaska Communications Systems Group earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the immediate future.
Who are some of Alaska Communications Systems Group's key competitors?
Some companies that are related to Alaska Communications Systems Group include LICT (LICT), Atento (ATTO), Loop Industries (LOOP), Hong Kong Television Network (HKTVY), Frontier Communications (FTR), AXTEL/BRSH MXN (AXTLF), IDT (IDT), magicJack VocalTec (CALL), Fusion Telecommunications International (FSNN), Windstream (WIN), Oi SA em Recuperacao Judicial (OIBRQ), Otelco (OTEL), Maxcom Telecomunic (MXMTY), Liberty Braves Group Series B (BATRB) and Internet Gold Golden Lines (IGLD).
Who are Alaska Communications Systems Group's key executives?
Alaska Communications Systems Group's management team includes the folowing people:
- Mr. Anand Vadapalli, Pres, CEO & Director (Age 53)
- Ms. Laurie M. Butcher, Sr. VP of Fin. (Age 55)
- Mr. Leonard A. Steinberg, Chief Ethics Officer, Sr. VP of Legal, Regulatory & Gov. Affairs & Corp. Sec. (Age 64)
- Mr. Randy M. Ritter, Sr. VP of Shared Services (Age 58)
- Mr. William H. Bishop, Sr. VP of Customer & Revenue Management (Age 52)
Who are Alaska Communications Systems Group's major shareholders?
Alaska Communications Systems Group's stock is owned by many different of institutional and retail investors. Top institutional investors include North Star Investment Management Corp. (3.11%). Company insiders that own Alaska Communications Systems Group stock include Anand Vadapalli, Leonard Steinberg, Michael R Todd, Wayne Barr Jr and William H Bishop. View Institutional Ownership Trends for Alaska Communications Systems Group.
Which major investors are buying Alaska Communications Systems Group stock?
How do I buy shares of Alaska Communications Systems Group?
Shares of ALSK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alaska Communications Systems Group's stock price today?
One share of ALSK stock can currently be purchased for approximately $2.03.
How big of a company is Alaska Communications Systems Group?
Alaska Communications Systems Group has a market capitalization of $107.98 million and generates $226.90 million in revenue each year. The utilities provider earns $-6,100,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis. Alaska Communications Systems Group employs 589 workers across the globe.
What is Alaska Communications Systems Group's official website?
How can I contact Alaska Communications Systems Group?
Alaska Communications Systems Group's mailing address is 600 TELEPHONE AVENUE, ANCHORAGE AK, 99503. The utilities provider can be reached via phone at 907-297-3000 or via email at [email protected]
MarketBeat Community Rating for Alaska Communications Systems Group (NASDAQ ALSK)
MarketBeat's community ratings are surveys of what our community members think about Alaska Communications Systems Group and other stocks. Vote "Outperform" if you believe ALSK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALSK will underperform the S&P 500 over the long term. You may vote once every thirty days.
