Rochester Telephone reports 4.2% increase in net income for second quarter.

PR Newswire | July 20, 1987 | Copyright

ROCHESTER TELEPHONE REPORTS 4.2 PERCENT INCREASE

IN NET INCOME FOR SECOND QUARTERASE

ROCHESTER N.Y., July 20 /PRNewswire/ -- Rochester Telephone Corp. (NYSE: RTC) reported today that its consolidated net income for the year's second quarter increased 4.2 percent over the same three months a year ago.

Consolidated net income for the period amounted to $10,805,000 compared with $10,365,000 in 1986. Earnings per average common share were 96 cents against 92 cents last year.

Consolidated revenues and sales rose 10.7 percent ...

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