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General Communication Suffers a Sales Slump

TheMotleyFool

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General Communication Suffers a Sales Slump

Alaskan telecommunications company General Communication (NASDAQ: GNCMA) reported its second-quarter results after the market closed on August 2. Revenue and net income slumped, with the company blaming the recession in Alaska for weakness across most of its segments. General Communication expects its merger transaction with Liberty Ventures Group to close by the end of this year, assuming regulatory approval. Here's what investors need to know about General Communication's second-quarter report.

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Q2 2017

Source: Fool.com