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MachTen, Inc. (MACT)

7.00

-0.75

(-9.68%)

As of April 1 at 11:47:54 AM EDT. Market Open.

Michigan Broadband Expands Services in Upper Peninsula

CARNEY, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- UP Fiber, Inc. today announced that it has entered into a definitive agreement to acquire AT&T’s (NYSE:T) wireline assets located in the Upper Peninsula of Michigan. The wireline assets represent more than 9,000 miles of copper, 1,500 miles of business fiber, and network infrastructure across 40 wire centers that collectively provide voice and internet service to more than 9,000 residential and business customers. “This is an exciting opportunity

GlobeNewswire 6 days ago

MACT
-9.68%
MachTen, Inc. Reports Third Quarter 2024 Financial Results

TRAVERSE CITY, Mich., Dec. 03, 2024 (GLOBE NEWSWIRE) -- MachTen, Inc. (“MACT”) (OTC: MACT) today reported financial results for the quarter ended September 30, 2024. Financial Highlights Financial HighlightsQuarter Ended(In thousands, except per share data)September 30, 2024 September 30, 2023 Operating revenue$4,307 $4,131 Operating income$1,864 $1,553 Net income$1,667 $1,082 Earnings per share$0.52 $0.34 “Michigan Broadband delivered net subscriber growth in the third quarter, while increasing

GlobeNewswire 3 months ago

MACT
-9.68%
MachTen, Inc. Reports Audited 2023 & First Half 2024 Financial Results

TRAVERSE CITY, Mich., July 31, 2024 (GLOBE NEWSWIRE) -- MachTen, Inc. (“MACT”) (OTC: MACT) today reported audited financial results for the year ended December 31, 2023, along with an interim operational and financial update for the first half of 2024. 2023 Financial Highlights Financial Highlights (Audited)Year Ended(In thousands, except per share data)December 31, 2023 December 31, 2022 Operating revenue$15,939 $15,815 Operating income$6,072 $5,409 Net income$4,317 $4,017 Earnings per share$1.

GlobeNewswire 7 months ago

MACT
-9.68%
Michigan Broadband Launches Fiber-Optic Network in St. Ignace

TRAVERSE CITY, Mich., May 06, 2024 (GLOBE NEWSWIRE) -- MachTen, Inc. (“MACT” or the “Company”) (OTC: MACT) today announced the successful launch of fiber-based broadband services in St. Ignace, Michigan. Michigan Broadband has started activating new customers on the Company’s state-of-the-art fiber network that passes more than 2,000 residential and business locations throughout the City of St. Ignace. Michigan Broadband began construction of this 50-mile project in early January. In addition to

GlobeNewswire 10 months ago

MACT
-9.68%

Performance Overview

Return	MACT	S&P 500 (^GSPC)
YTD	-0.71%	-7.71%
1-Year	-1.55%	+4.16%
3-Year	-4.24%	+19.41%