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Lict Corp Stock Price, News & Analysis

LICT OTC

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 Corp (LICT) is a leading telecommunications provider specializing in advanced network infrastructure and connectivity solutions. This page serves as the definitive source for all official company announcements and news coverage, providing stakeholders with timely updates on strategic developments.

Investors and industry professionals will find curated access to press releases, financial reports, and operational updates. Our repository ensures you stay informed about LICT initiatives without searching multiple sources.

Key content includes quarterly earnings announcements, technology partnerships, infrastructure expansions, and regulatory filings. Each update is verified for accuracy and presented in clear, accessible language suitable for both casual observers and professional analysts.

Bookmark this page for direct access to Lict Corp's latest communications. For comprehensive monitoring of the company's market position in telecommunications, check back regularly for new developments and official statements.

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LICT Corporation (OTC Pink: LICT) reported its financial results for 2022, noting a revenue increase to $131.3 million, up from $129.1 million in 2021. EBITDA fell slightly to $57.6 million from $57.8 million, with earnings per share at $1,311, down from $1,368. In Q4 2022, revenues were $33.1 million, a rise from $32.5 million in Q4 2021. Capital expenditures rose significantly, totaling $48.3 million for the year, while shareholder contributions reached $1.1 million in 2022. LICT continues to expand its broadband initiatives, including accepting $62 million in grants for infrastructure improvements.

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LICT Corporation (OTC Pink: LICT) continues its Shareholder Charitable Contribution program, donating $100 per share to charities designated by registered shareholders. In the past six years, the company has contributed over $6.5 million. Shareholders must register their shares by January 12, 2023 and submit donation forms by January 31, 2023. The Board of Directors has authorized an additional 500 shares for repurchase, totaling 844. The repurchases will occur opportunistically with no guarantee of additional purchases.

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LICT Corporation (OTC Pink: LICT) has initiated a search for a new Chief Executive Officer with a focus on broadband experience to enhance its high-speed broadband deployment plans across six states. Current CEO Mario J. Gabelli will transition to Executive Chairman. The company emphasizes its commitment to growth in telecommunications and broadband services while cautioning that forward-looking statements regarding financial results and business conditions are subject to risks and uncertainties. For more details, visit www.lictcorp.com.

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FAQ

What is the current stock price of Lict (LICT)?

The current stock price of Lict (LICT) is $12000 as of June 11, 2025.
Lict Corp

OTC:LICT

LICT Rankings

LICT Stock Data

16.97k
1.99%
Telecom Services
Communication Services
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United States
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