August 12, 2026

Brief: LV phone company's revenue jumps with expansions

Gross profit of $100,000 was down $500,000 due to increased costs for expansions in Atlanta and Southern California and the opening of the Chicago and Fort Lauderdale markets.

The loss before interest, taxes, depreciation and amortization (EBITDA) was $5.2 million vs. a second quarter 1998 loss of $2.7 million.

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