Welcome to our dedicated page for LICT news (Ticker: LICT), a resource for investors and traders seeking the latest updates and insights on LICT stock.
LICT Corporation reports on its operations as an integrated provider of broadband and voice services serving rural markets. Recurring company news covers regulated and non-regulated revenue trends, broadband subscriber growth, fiber construction, middle-mile and distribution network investment, and federal or state rural broadband support programs such as the Universal Service Fund, BEAD and ReConnect.
LICT updates also include completed expansion activity such as the Manti Telephone Company acquisition, common-stock repurchase authorizations, shareholder-designated charitable contribution programs, management changes, and periodic operating results tied to broadband deployment and legacy voice-service trends.
LICT (LICT) announced that subsidiary Cal-Ore has signed three additional work orders for a large fiber build in California, tied to projects expected to start in early 2027.
The additional projects are expected to generate approximately $60 million in total revenue and approximately $20 million in total EBITDA for Cal-Ore during 2027 and 2028, with amounts recognized as construction milestones are achieved. The work also includes a long-term fiber lease and recurring maintenance revenue over a 20-year term, which is subject to extension. The fiber lease is expected to provide Cal-Ore competitive access to markets outside its current service territory. The company notes these expectations are forward-looking and subject to risks and uncertainties.
LICT (OTC Pink: LICT) reported preliminary unaudited Q2 2026 results with revenue up 18.0% year-over-year to $40.6 million. EBITDA rose to $18.2 million from $13.5 million, lifting margin to 44.9%, supported by a $4.7 million EBITDA contribution from work for a middle‑mile fiber provider.
Non‑regulated revenue grew 29.9% to $25.0 million, while regulated revenue edged up to $15.6 million. Net income nearly doubled to $6.2 million, or $403 per share. For the first half, revenue reached $76.3 million and EBITDA $32.2 million. Net leverage remained at 1.5x trailing 12‑month EBITDA, with $68.6 million drawn on a $100 million facility.
LICT invested heavily in broadband expansion, with gross capex of $18.2 million in Q2 and $32.3 million year‑to‑date, partially offset by $10.3 million and $14.8 million in grant reimbursements, respectively. The company received $23.2 million of BEAD grant awards, continues to benefit from increased E‑ACAM support, and completed the acquisition of Gunnison Telephone Company on July 1, 2026.
LICT (OTC: LICT) reported preliminary Q1 2026 results with revenue up 3.2% to $35.7 million and EBITDA at $14.0 million, a 39.1% margin. Net income fell to $1.8 million ($119/share), mainly from unrealized investment losses and higher depreciation. Net leverage remained 1.9x with net debt of $82.5 million.
LICT invested $14.1 million in capital expenditures, offset by $4.5 million in grants, and expanded its fiber network to 8,286 miles. Total revenue-generating units declined 0.6% to 75,113.
LICT (OTC: LICT) reported preliminary unaudited Q4 and FY2025 results: Q4 revenue $36.3M (+8.8% YoY), FY revenue $141.4M (+5.4% YoY), FY EBITDA $56.4M, and owned fiber grew 19% to 8,184 route miles. Net debt was $80.3M with trailing leverage ~1.5x. Government funding and USDA ReConnect awards support ongoing rural broadband buildouts and reduce net capital needs.
LICT (OTC Pink: LICT) reported third-quarter 2025 results: revenue $36.1M (vs $33.7M Y/Y) and EBITDA $15.2M (up 11% Y/Y). Non-regulated revenue rose 12% to $21.2M. Third-quarter net income was $3.6M or $233 per share. Nine-month revenue reached $105.1M and EBITDA was $42.5M. Net debt was 1.2x trailing 12-month EBITDA. Company expects full-year 2025 revenue of ~$142M, EBITDA of $58M, capex net of grants ~$55M, and full-year EPS ~$930. LICT noted $157.5M in USDA ReConnect grants, preliminary BEAD awards, E-ACAM funding of $37.2M annually, and estimated $25M cumulative tax savings through 2028.
LICT (OTC Pink: LICT) announced continuation of its Shareholder Designated Charitable Contribution Program for registered shareholders.
The company will donate $100 per registered share to a 501(c)(3) charity designated by the shareholder; if all shares are registered the contribution would be about $1.6 million. Since 2016 LICT says it has contributed more than $10 million via the program.
Shareholders must register shares by December 15, 2025 and return completed forms by January 12, 2026. Eligible charities must be listed on Guidestar.org.
LICT Corporation (OTC Pink: LICT) has announced the continuation of its Shareholder Designated Charitable Contribution Program, allowing registered shareholders to direct charitable donations of $100 per share on their behalf. The program, inspired by Warren Buffett's similar initiative at Berkshire Hathaway, is expected to run between mid-November 2025 and January 2026.
If all shares participate, the total contribution would amount to approximately $1.7 million. Since the program's inception in 2016, LICT has contributed over $10 million to shareholder-designated charities. Only registered shareholders will be eligible to participate, following a model similar to programs previously implemented by GAMCO Investors and Associated Capital Group.
LICT Corporation (OTC Pink: LICT) announced its participation in the upcoming Sidoti Virtual Small Cap Investor Conference. The company's presentation is scheduled for September 17, 2025, at 1:00 PM EDT. Investors and interested parties can access the presentation through the company's website at www.lictcorp.com.
LICT Corporation (LICT) has announced an expansion of its stock repurchase program, with the Board of Directors authorizing the repurchase of an additional 500 shares of common stock. Combined with the 121 shares remaining from the previous authorization, the company now has approval to repurchase a total of 621 shares.
The company maintains flexibility in executing the buyback through various means, including open market purchases and private transactions, subject to market conditions and securities laws. LICT emphasizes that the program doesn't commit them to repurchase any specific number of shares and can be modified or terminated at any time.
LICT Corporation (OTC Pink: LICT) has announced that its subsidiary CentraCom will acquire Gunnison Telephone Company in Utah. The acquisition, expected to close in December 2025, will expand CentraCom's service area to include Gunnison and surrounding communities, serving approximately 6,700 residents in 1,576 households.
Gunnison Telephone provides telephone, broadband, and fixed wireless services through fiber-to-the-premises, copper, and fixed wireless facilities. The acquisition aligns with LICT's strategic initiative to strengthen its rural broadband market position and will leverage CentraCom's existing regional presence to accelerate high-speed connectivity deployment.