Hawaiian Telcom had a net loss of $3.5 million in the second quarter, down from a $1.4 million profit in the same period in 2016.

The technology and telecommunications company, which released its earnings Tuesday, said its net loss was 30 cents a share in the second quarter, compared with a profit of 13 cents a share in the same period a year ago. Hawaiian Telcom said the loss was primarily due to $4.8 million in costs associated with refinancing a loan in May.

The company’s three major revenue streams — business, consumer and wholesale — were down compared with 2016. Hawaiian Telcom’s revenue fell $8.2 million to $91.3 million, down from $99.5 million in the same period the previous year.

Revenue from the company’s business service fell to $41.6 million, compared with $46.6 million. Hawaiian Telcom said the drop was largely due to a one-time revenue of $3.5 million from a large government agency recorded in the 2016 second quarter.

Consumer revenue, made up of revenue streams from the company’s video, internet and voice services, was down $2.1 million to $33.8 million, compared with $35.9 million in the second quarter of 2016.

Revenue for Hawaiian Telcom’s consumer internet services was down 9.6 percent, to $6.6 million from $7.3 million. The company’s consumer landline revenue was down 11.9 percent to $16.4 million.

Revenue from the company’s video services grew 8.1 percent year-over-year to $10.8 million for the quarter, compared with $9.9 million in 2016. The increase in revenue was due to a growth in subscribers. The number of video subscribers increased 12 percent in the second quarter for a total of 43,200 Hawaiian Telcom TV subscribers.

Hawaiian Telcom’s wholesale revenue for the quarter totaled $12.6 million, down 4 percent from $13.1 million in same period the year before.

During the quarter, Hawaiian Telcom and Cincinnati Bell Inc. announced that the Ohio telecommunications company is seeking to buy the Honolulu company in a $650 million cash-and-stock deal. The sale needs to be approved by the state Public Utilities Commission.

“We look forward to leveraging the combined scale and expanded product offerings, sharing best practices and resources, continuing to invest in our next-generation fiber network statewide, and creating future growth opportunities,” Scott Barber, Hawaiian Telcom’s president and CEO, said in a prepared statement.

Hawaiian Telcom also has completed testing of a submarine cable system linking Southeast Asia, Hawaii and the U.S. mainland that is set to launch this month.