tndm reported earnings this morning, offering up revenues of $38.2M, adjusted EBITDA of $19.1M and earnings per share of $0.27. All three metrics were well above consensus estimates, and the company raised guidance for revenues to $158-165M and adjusted EBITDA to $74-78M. I’d go on with other metrics, but it would sound the same – they had a fantastic quarter. Yes, again. Isn’t there supposed to be some sort of economic turmoil out there just tearing things up?
Not with this company anyway. It’s as if they live in a parallel dimension where it never rains. Find the recession here:
Hard isn’t it? I must admit I have never fully understood Neutral Tandem’s business model, providing tandem interconnection services in competition with the ILECs. But it’s rather hard to ignore the sort of performances they have been turning in.
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