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Mar 31, 2023
Uniti Q1 2023 Earnings Report
Reported first quarter 2023 results with revenue and Adjusted EBITDA growth.
Key Takeaways
Uniti Group Inc. reported consolidated revenues of $289.8 million and a net loss of $19.2 million for the first quarter of 2023. Despite macroeconomic challenges, the business remains resilient with strong demand.
Net loss of $19.2 million or $0.08 per diluted common share for the first quarter due to one-time items.
Revenue and Adjusted EBITDA grew 4.2% and 2.9% for the first quarter, respectively, from the prior year first quarter.
AFFO Per Diluted Common Share of $0.39 for the first quarter.
Company had approximately $495.3 million of unrestricted cash and cash equivalents at quarter-end.
Revenue by Segment
Forward Guidance
The Company is updating its 2023 outlook primarily for business unit level revisions, and the impact from recent debt refinancings and transaction related and other costs incurred to date.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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