Frontier Communications reported Q4 2024 revenue of $1.51 billion, a 5.6% increase year-over-year, driven by fiber broadband growth. However, the company posted a net loss of $118 million despite an operating income of $86 million. Adjusted EBITDA increased to $595 million, reflecting an 8.4% year-over-year rise. Capital expenditures totaled $792 million, and the company secured a $1.5 billion term loan to support fiber expansion.
Frontier Communications reported a revenue increase of 3.7% year-over-year to $1.49 billion, driven by growth in fiber-based products. The company added 381,000 fiber passings and 108,000 fiber broadband customers. Operating income was $86 million, but the company reported a net loss of $82 million.
Frontier Communications reported positive Q2 2024 results, marked by revenue growth, record fiber broadband net additions, and a significant increase in fiber broadband revenue. The company also raised the low end of its Adjusted EBITDA guidance following a strong first half performance.
Frontier Communications reported a strong start to 2024, achieving year-over-year revenue growth for the first time since 2015. The company's focus on expanding its fiber business contributed to a 24% increase in fiber broadband revenue. Overall, Frontier's financial performance is systematically improving due to the growth of its fiber business.
Frontier Communications reported Q4 2023 results, with revenue of $1.43 billion and net income of $17 million. The company achieved its first full year of EBITDA growth in more than a decade, driven by strong consumer fiber broadband revenue growth. Frontier is guiding to accelerated mid-single-digit Adjusted EBITDA growth in 2024.
Frontier Communications reported third-quarter 2023 results, featuring the first consumer revenue increase as a new public company and an acceleration in EBITDA growth. The company's focus on fiber expansion and customer growth contributed to the positive results.
Frontier Communications reported Q2 2023 results with a revenue of $1.45 billion and a net loss of $2 million. The company saw growth in fiber broadband customers and positive revenue growth in the business and wholesale sectors for the first time in six years. They also reaffirmed their full-year 2023 operational and financial expectations.
Frontier Communications reported a revenue of $1.44 billion and a net income of $3 million. The company achieved EBITDA growth for the first time in five years, driven by strong operational performance and increased focus on working capital management. Frontier added a record 87,000 fiber broadband customers and raised its cost savings target by $100 million one year ahead of plan.
Frontier Communications reported Q4 2022 revenue of $1.44 billion and net income of $155 million. The company added a record 76,000 fiber broadband customers and built fiber to a record 381,000 locations. Consumer fiber broadband ARPU was $61.20, while business fiber broadband ARPU was $107.68.
Frontier Communications reported consolidated revenue of $1.44 billion and a net income of $120 million for Q3 2022. The company built fiber to a record 351,000 locations and added a record 66,000 fiber broadband customers. They also nearly achieved their $250 million gross annual cost savings target more than one year ahead of plan, enabling them to raise their target to $400 million by the end of 2024.
Frontier Communications reported Q2 2022 results with a revenue of $1.46 billion and a net income of $101 million. The company saw sequential EBITDA growth and added 54,000 fiber broadband customers. They also raised their full-year guidance.
Frontier Communications reported a revenue of $1.45 billion and a net income of $65 million. The company built fiber to a record 211,000 locations and added a record 54,000 fiber broadband customer net additions.
Frontier Communications reported strong Q4 2021 results, marked by record operational achievements as the company transitions to a fiber-first model. The company gained momentum and hit an inflection point, reaching positive total broadband net adds for the first time in more than five years.
Frontier Communications reported Q3 2021 results, delivering revenue of $1.58 billion and net income of $126 million. The company built fiber to a record 185,000 locations and added a record 29,000 new fiber broadband customers.
Frontier Communications reported Q2 2021 financial results, showing progress in its fiber expansion strategy. The company accelerated its fiber build out, added consumer fiber net subscribers, and reduced consumer churn. Consolidated revenue was $1.62 billion, and operating income was $298 million.
Frontier Communications reported a revenue of $1.726 billion and a net income of $15 million for the quarter ended September 30, 2020.
Frontier Communications reported a revenue of $1.801 billion for the quarter ended June 30, 2020. The company experienced a net loss of $181 million, with a basic and diluted net loss per common share of $1.73.