LICT Q2 FY26 net income more than doubles to $6.2 million; revenue rises 18% to $40.6 million - LICT News | RalliesLICT Q2 FY26 net income more than doubles to $6.2 million; revenue rises 18% to $40.6 million
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LICT• Q2 results
- LICT posted Q2 2026 net income of $6.2 million, more than doubled from a year earlier; earnings were $403 per share.
- Revenue climbed 18% year over year to $40.6 million; EBITDA rose to $18.2 million, lifting margin 5.7 percentage points to 44.9%.
- Non-regulated revenue increased 29.9% to $25 million, supported by work for a middle-mile fiber provider; regulated revenue edged up to $15.6 million.
Capital spending, leverage and acquisition
- Net leverage held at 1.5x trailing 12-month EBITDA; net debt totaled $82.2 million, with $68.6 million drawn on a $100 million facility.
- Gross capital spending was $18.2 million, offset by $10.3 million of grant proceeds; Gunnison Telephone acquisition closed July 1.
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