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Uniti Group Inc. to Participate at the Barclays 2025 Leveraged Finance Conference
GlobeNewswire· 2025-05-13 20:15
Core Viewpoint - Uniti Group Inc. is actively participating in the Barclays 2025 Leveraged Finance Conference, indicating its engagement with investors and the financial community [1]. Company Overview - Uniti is an internally managed real estate investment trust focused on acquiring and constructing mission-critical communications infrastructure [3]. - The company is a leading provider of fiber and wireless solutions for the communications industry [3]. - As of March 31, 2025, Uniti owns approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States [3]. Investor Relations - Key executives, including the Chief Financial Officer and the Senior Vice President of Investor Relations, will represent Uniti at the conference [1]. - Investor materials related to the conference will be available on Uniti's Investor Relations website [2].
Uniti Group's Plunge Was A Significant Overreaction
Seeking Alpha· 2025-05-06 22:06
Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector. As a value investor, I'm a firm believer that the market gets opportunities wrong from time to time. One of the instances in which I believe the market is horribly ...
Uniti(UNIT) - 2025 Q1 - Quarterly Report
2025-05-06 20:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________________________________ FORM 10-Q _______________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _ ...
Uniti Group (UNIT) Q1 FFO Meet Estimates
ZACKS· 2025-05-06 14:15
Uniti Group (UNIT) came out with quarterly funds from operations (FFO) of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.32 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.33 per share when it actually produced FFO of $0.35, delivering a surprise of 6.06%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Uniti, whic ...
Uniti(UNIT) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:32
Uniti Group (UNIT) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Bill DiTullio - Vice President of Finance & Investor RelationsKenny Gunderman - President and Chief Executive OfficerPaul Bullington - SVP, CFO & Treasurer Conference Call Participants Greg Williams - AnalystNone - Analyst Operator Good morning. Thank I'm to discuss Unity's First Quarter twenty twenty and I'll be your operator for today. Today's call is being recorded and a webcast will be available on the company's Inves ...
Uniti(UNIT) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:30
Uniti Group (UNIT) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning. Thank I'm to discuss Unity's First Quarter twenty twenty and I'll be your operator for today. Today's call is being recorded and a webcast will be available on the company's Investor Relations website, investor.unity.com, beginning today and will remain available for three sixty five days. It is now my pleasure to introduce Bill DeTullio, Unity's Senior Vice President of Investor Relations and Treasury. Please begin. Sp ...
Uniti(UNIT) - 2025 Q1 - Earnings Call Presentation
2025-05-06 12:20
First Quarter 2025 Financial Results Conference Call Presentation May 6, 2025 Together, Building the Future Safe Harbor Statement Forward-Looking Statements Certain statements in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Those forward-looking statements include all statements that are not historical statements of fact, including, without limitation, statements regarding the anticipate ...
Uniti(UNIT) - 2025 Q1 - Quarterly Results
2025-05-06 12:01
Financial Performance - Uniti Group Inc. reported consolidated revenues of $293.9 million for Q1 2025, with a net income of $12.2 million and Adjusted EBITDA of $237.8 million, achieving an Adjusted EBITDA margin of approximately 81%[4] - Total revenues for Q1 2025 were $293.9 million, a 2% increase from $286.4 million in Q1 2024[22] - Net income attributable to common shareholders for Q1 2025 was $11.88 million, down 71% from $40.89 million in Q1 2024[22] - Adjusted EBITDA for Q1 2025 was $237.83 million, an increase of 4% compared to $228.63 million in Q1 2024[28] - Basic earnings per common share for Q1 2025 were $0.05, down from $0.17 in Q1 2024[26] - AFFO attributable to common shareholders was $92.3 million, or $0.35 per diluted common share for Q1 2025[4] Revenue Growth and Projections - Core recurring strategic fiber revenue grew approximately 4% year-over-year, while consolidated bookings increased by 40% compared to Q1 2024[2] - The company expects full-year 2025 revenues to be between $1,196 million and $1,216 million, with net income attributable to common shareholders projected between $90 million and $110 million[9] - Projected net income attributable to common shareholders for the year ending December 31, 2025, is estimated to be between $90 million and $110 million[30] - Net income attributable to common shareholders is projected to be between $0.38 and $0.46 for the year ended December 31, 2025[32] Debt and Cash Management - The company had approximately $592.0 million in unrestricted cash and cash equivalents at the end of the quarter, with a leverage ratio of 6.09x based on net debt to annualized Adjusted EBITDA[7] - Total debt as of March 31, 2025, was $5.48 billion, with a net debt of $5.39 billion[28] - The company reported a net decrease in cash and cash equivalents of $53.57 million for Q1 2025[24] Capital Expenditures and Operating Activities - Capital expenditures for Q1 2025 were $208.06 million, up from $167.94 million in Q1 2024[24] - Net cash provided by operating activities for Q1 2025 was $8.57 million, compared to $6.19 million in Q1 2024[24] Interest Expense and Financial Outlook - The company anticipates interest expense for the year 2025 to be approximately $535 million[30] - Interest expense on debt obligations is expected to total $503 million for the year ended December 31, 2025[34] - Total interest expense, net, is projected to be $535 million, including accretion of Windstream settlement payable and amortization of deferred financing costs[34] Merger and Business Outlook - The upcoming merger with Windstream is expected to close in Q3 2025, with strong investor support[3] - The company updated its 2025 outlook to reflect business unit level revisions and costs related to the merger, excluding any impact from the merger itself[8] Definitions and Non-GAAP Measures - The company defines EBITDA and Adjusted EBITDA as important non-GAAP measures to evaluate operating performance, excluding certain costs and expenses[35][36] - FFO is defined as net income attributable to common shareholders, excluding gains or losses from real estate dispositions, plus real estate depreciation and amortization[38] - AFFO excludes transaction-related costs and other non-recurring items to provide a clearer picture of ongoing operating performance[39] - The company uses FFO and AFFO as performance measures, which do not represent cash flows from operations or net income as defined by GAAP[39] Fiber Infrastructure - Uniti owns approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States as of March 31, 2025[11]
Uniti Group Inc. to Present at Upcoming Conferences
GlobeNewswire· 2025-05-01 20:15
Core Points - Uniti Group Inc. announced that its President and CEO, Kenny Gunderman, will present at two upcoming conferences in May 2025 [1] - The conferences include the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference and the MoffettNathanson 2025 Media, Internet & Communications Conference [1] - Uniti is a real estate investment trust focused on communications infrastructure, owning approximately 145,000 fiber route miles and 8.8 million fiber strand miles as of December 31, 2024 [3] Company Overview - Uniti is engaged in the acquisition and construction of mission-critical communications infrastructure [3] - The company is a leading provider of fiber and wireless solutions for the communications industry [3] - Additional information about Uniti can be accessed on its official website [3]
Uniti Appoints John Harrobin President of Kinetic
GlobeNewswire· 2025-04-23 20:15
Company Overview - Uniti Group Inc. announced the appointment of John Harrobin as President of Kinetic, effective after the merger with Windstream Holdings II, LLC, expected in the second half of 2025 [1] - Uniti is a real estate investment trust focused on acquiring and constructing communications infrastructure, owning approximately 145,000 fiber route miles and 8.8 million fiber strand miles across the U.S. as of December 31, 2024 [6] Leadership Appointment - John Harrobin previously served as Executive Vice President, Consumer, at Frontier Communications, leading a $3 billion business unit and achieving customer, revenue, and profit growth [2] - Harrobin's experience includes roles at Audible and Verizon Wireless, where he was involved in significant growth and marketing strategies [4] Strategic Focus - The company sees significant potential in the Kinetic platform, which is viewed as an attractive asset with strong fundamentals and growth opportunities [3] - Harrobin's immediate focus will be on enhancing customer service and building a durable operating model to deliver superior results [3]