Zayo Group (ZAYO) Reports Q4 Revenues Miss

Zayo Group (NYSE: ZAYO) reported Q4 EPS of $. Revenue for the quarter came in at $638 million versus the consensus estimate of $639.05 million.

Fourth Fiscal Quarter 2017 Financial Highlights

• $638.0 million of consolidated revenue, including $509.1 million from the Communications Infrastructure segments and $128.9 million from the Allstream segment;
• Net income of $23.2 million, including $11.3 million from the Communications Infrastructure segments and $11.9 million from the Allstream segment.
• $310.8 million of adjusted EBITDA, including $280.8 million from Communications Infrastructure and $30.0 million from the Allstream segment.
• Bookings of $7.5 million, gross installs of $7.3 million, churn of 1.2% and net installs of $1.4 million, all on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR) basis, excluding the Allstream segment.
• Adjusted unlevered free cash flow of $117.2 million.

For earnings history and earnings-related data on Zayo Group (ZAYO) click here.

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