Revenue Update on Hawaiian Telcom HoldCo Inc(NASDAQ:HCOM)

Hawaiian Telcom HoldCo Inc(NASDAQ:HCOM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 1, 2016. Company reported revenue of $99.54M. Analysts estimated a revenue of $99.25M. Earnings per share were $0.13. Analysts had estimated an EPS of $0.03.

Hawaiian Telcom HoldCo Inc (HCOM) shares turned negative on Mondays trading session with the shares closing down -0.23 points or -0.99% at a volume of 87,610. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.42. The peak price level was also seen at $23.42 while the days lowest was $22.94. Finally the shares closed at $22.99. The 52-week high of the shares is $26.19 while the 52-week low is $19. According to the latest information available, the market cap of the company is $265 M.

Several Insider Transactions has been reported to the SEC. On Mar 14, 2016, Dan T Bessey (CFO) purchased 250 shares at $21.65 per share price.

Hawaiian Telcom Holdco Inc. is a provider of communications services and products in Hawaii. The Company operates through two business segments: Telecommunications and Data Center Colocation. The Telecommunications segment provides local telephone service including voice and data transport custom calling features network access directory assistance and private lines. In addition the segment provides Internet long distance services television service Internet protocol (IP)-based network services customer premises equipment data solutions managed services billing and collection wireless services and pay telephone services. The Data Center Colocation segment offers data center services including colocation and virtual private cloud.

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