D&E Q1 earnings up

D&E Communications Inc. reported first-quarter income of
$5.1 million. That was up from $2.6 million in the same period of 2007. The
Lancaster County-based communications company yesterday afternoon reported
earnings per share of 35 cents, up from 18 cents.

D&E Communications Inc. reported first-quarter income of
$5.1 million. That was up from $2.6 million in the same period of 2007. The
Lancaster County-based communications company yesterday afternoon reported
earnings per share of 35 cents, up from 18 cents.

The results included lease changes that added 12 cents per
share after taxes and a reduction in depreciation expenses that added 6 cents
per share after taxes, according to D&E. Without those items, net income was 17 cents per share. That
compares to net income of 14 cents in the first quarter of 2007 when a life-insurance
gain is excluded.

D&E offers high-speed data, Internet access, telephone
and other communications-related services.

The company’s stock is traded on the Nasdaq under the ticker
symbol DECC.

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