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Dec 31, 2022
Frontier Communications Q4 2022 Earnings Report
Frontier Communications reported strong fourth-quarter results, driven by record operational performance and fiber expansion.
Key Takeaways
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.
Built fiber to a record 381,000 locations.
Added a record 76,000 fiber broadband customers.
Revenue of $1.44 billion and net income of $155 million were reported.
Annualized run-rate cost savings of $336 million was achieved.
Frontier Communications
Frontier Communications
Frontier Communications Revenue by Segment
Revenue by Segment
Consumer Revenue
CapyFin.com Forward Guidance
Frontier provided guidance for the full year 2023, including Adjusted EBITDA of $2.11 - $2.16 billion and fiber build of 1.3 million new locations.
Positive Outlook
- Adjusted EBITDA of $2.11 - $2.16 billion
- Fiber build of 1.3 million new locations
- Cash capital expenditures of $2.80 billion
- Cash taxes of approximately $20 million
- Net cash interest payments of approximately $630 million