UNIT - Uniti Group AFFO of $0.44 beats by $0.05 revenue of $283.95M beats by $5.42M updates FY guidance
- Uniti Group press release ( NASDAQ: UNIT ): Q2 AFFO of $0.44 beats by $0.05 .
- Revenue of $283.95M (+5.9% Y/Y) beats by $5.42M .
- Net Income of $53.8 million for the Second Quarter; 8.3% Increase from the Prior Year Second Quarter
- Net Income of $0.21 Per Diluted Common Share for the Second Quarter; 5.0% Increase from the Prior Year Second Quarter
- Adjusted EBITDA and AFFO Grew 5.3% and 11.3% for the Second Quarter, Respectively, from the Prior Year Second Quarter
- OUTLOOK
- Revenue guidance from prior $1.119B-$$1.137B to $1.12B-$1.14B vs consensus of $1.13B; Adj EBITDA from prior $884M-$902M to $887M-$905M
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- Shares +2.64% PM.
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Uniti Group AFFO of $0.44 beats by $0.05, revenue of $283.95M beats by $5.42M, updates FY guidance