CONCORD,CT Communications, a provider of telephony and networking services, says its income rose to $40.5 million in its most recent quarter.
CT (Nasdaq: CTCI) said the 5 percent increase in revenues over one year ago produced a net income of $3.5 million, or 13 cents a share. The company reported a $2.5 million profit in the same quarter a year ago.
CT said it increased its customer base while also “holding expenses in line with previous quarters.”
