NTELOS Holdings Corp.
Headquartered in Waynesboro, VA, NTELOS Holdings Corp. is an integrated communications provider. The company provides products and services to customers in Virginia, West Virginia, Kentucky, Ohio, Tennessee, Maryland and North Carolina, including wireless phone service, local and long distance telephone services, IPTV-based video services as well as data services for internet access and wide area networking.
Growth in the Third Quarter
In early November, the company announced third-quarter earnings per share of 31 cents, which soared past the year-prior 18 cents and topped the consensus estimate by 7%.
NTLS has a solid track record of exceeding analyst expectations for earnings and outperformed the market for the 2008 year.
Revenues totaled $136 million, growing from last years level of $127 million.
Management stated that financial results for the third quarter continued to be quite strong, despite overall economic weakness. Chief Executive Officer James S. Quarforth said, our third quarter consolidated adjusted EBITDA was up 9.5% from third quarter last year and is up 11.2% for the first nine months of 2008.
Favorable Industry Comparisons
NTELOS Holdings Corp. rewards shareholders with a robust dividend yield of 4.4%, while industry peers pay virtually no income.
The company earnings per share are expected to grow 12% over the next 3 5 years, versus the industry average projection of 11%.
NTELOS Holdings has a net profit margin of 9%, compared to an industry average that is in the negative.
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| Market Summary | Feb 10, 2010 02:55 am ET |

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