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2023-08-08 09:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw positive returns of around 3% in July. The Federal Reserve approved a quarter point interest rate hike to 5.5% to combat rising inflation. The inflation rate for the United States was 3.0% for the...
2023-08-03 12:27:03 ET Uniti Group, Inc. (UNIT) Q2 2023 Earnings Conference Call August 03, 2023, 08:30 ET Company Participants Kenneth Gunderman - President, CEO & Director Paul Bullington - SVP, CFO & Treasurer Conference Call Participants David...
2023-08-03 08:08:07 ET Uniti Group press release ( NASDAQ: UNIT ): Q2 FFO of $0.34 beats by $0.04 . Revenue of $283.7M (-0.1% Y/Y) misses by $7.1M . The Company is updating its 2023 outlook primarily for transaction related and other costs incurred to date. Our...
Reiterates 2023 Outlook for Revenue, Adjusted EBITDA and AFFO Net Income of $25.6 Million or $0.11 Per Diluted Common Share for the Second Quarter AFFO Per Diluted Common Share of $0.34 for the Second Quarter LITTLE ROCK, Ark., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Uniti...
2023-08-02 12:20:48 ET Uniti Group ( NASDAQ: UNIT ) is scheduled to announce Q2 earnings results on Thursday, August 3rd, before market open. The consensus EPS Estimate is $0.31 (-29.5% Y/Y) and the consensus Revenue Estimate is $290.8M (+2.4% Y/Y). Over the last 3 mon...
2023-07-27 10:00:00 ET Summary Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed t...
2023-07-26 17:22:07 ET Summary Uniti Group Inc., a REIT specializing in infrastructure for the communications industry, has seen its stock value decrease by 42% over the past year. We like the long-term prospects of fiber and how Uniti is positioned to improve in this space. F...
LITTLE ROCK, Ark., July 26, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the TD Cowen 9 th Annual Communications Infrastructure Summit. The presentat...
LITTLE ROCK, Ark., July 25, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has signed a long-term contract with a prominent global internet provider, offering long-haul dark fiber connectivity across two key U.S. routes that connects 12 ci...
2023-07-18 09:15:46 ET Summary The broad S&P500 edged up 1.2% in June, while the Dow Jones rose slightly by 0.8% during the month. Investment activity in June picked up significantly from May, with net investments totaling around $2,200, primarily targeted towards the financia...
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LITTLE ROCK, Ark., July 01, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on August 1, 2024. A conference call to discuss t...
2024-06-28 05:00:58 ET I love the economics of real estate. But a landlord I’m not. Please, change your own lightbulb—don’t call me. Enter real estate investment trusts (REITs), which provide us with landlord-style income from the comfort of computers and smartphone...
LITTLE ROCK, Ark., May 29, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the ...