Uniti Group Inc. reported consolidated revenues of $268.2 million for the second quarter of 2021. Net income was $49.6 million, and Adjusted EBITDA was $215.7 million for the same period. Adjusted Funds From Operations (AFFO) attributable to common shareholders was $103.2 million, or $0.41 per diluted common share, an increase of 10% when compared to the second quarter of 2020.
Revenues of $268.2 million for the Second Quarter
Net Income of $0.20 Per Diluted Common Share for the Second Quarter
AFFO Per Diluted Common Share of $0.41 for the Second Quarter
Adjusted EBITDA and AFFO Grew 6% and 10% in the Second Quarter, Respectively, from the Prior Year Second Quarter
The Company is updating its 2021 outlook primarily for the impact of the gain on sale of operations and income tax expense related to the Everstream transaction, the impact of transaction-related and other costs incurred to date, and revised estimates of interest expense.
Visualization of income flow from segment revenue to net income