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Jun 30, 2020
Uniti Q2 2020 Earnings Report
Reported second quarter 2020 results, showing revenues of $266.8 million and a net loss of $3.06 per diluted common share.
Key Takeaways
Uniti Group Inc. reported strong operational performance across all businesses during the second quarter of 2020, with consolidated revenues of $266.8 million. The company experienced a net loss of $598.3 million, which included a $650 million charge related to the settlement of litigation with Windstream. Adjusted EBITDA was $202.9 million, and AFFO per diluted common share was $0.44.
Consolidated revenues for the second quarter of 2020 were $266.8 million.
Net loss was $598.3 million, including a $650 million charge relating to the settlement of litigation with Windstream.
Adjusted EBITDA was $202.9 million for the second quarter of 2020.
AFFO attributable to common shareholders was $94.0 million, or $0.44 per diluted common share.
Revenue by Segment
Forward Guidance
The Company is updating its 2020 outlook for the preliminary estimated impact from the court-approved settlement agreement with Windstream, the impact from the partial sale of the Company’s ownership interest in the Bluebird PropCo, transaction related costs and other items reported in the second quarter of this year, and other business unit level revisions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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