Zayo Group (ZAYO) Reports Q2 EPS of $0.05, Beats on Revenues

Note: EPS may note be comparable

Zayo Group (NYSE: ZAYO) reported Q2 EPS of $0.05, versus $0.12 reported last year. Revenue for the quarter came in at $653.5 million versus the consensus estimate of $648.56 million.

Second Fiscal Quarter 2018 Financial Highlights

• $653.5 million of consolidated revenue; including $530.0 million from the Communications Infrastructure segments and $123.5 million from the Allstream segment;
• Net income of $11.5 million, including $10.6 million from the Communications Infrastructure segments and $0.9 million from the Allstream segment;
• $329.9 million of adjusted EBITDA, including $300.0 million from Communications Infrastructure and $29.9 million from the Allstream segment;
• Bookings of $7.9 million, gross installs of $7.6 million, churn of 1.2% and net installs of $1.6 million, all on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR) basis, excluding the Allstream segment.
• Adjusted unlevered free cash flow of $124.3 million.

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

You May Also Be Interested In

• Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
• Cineverse Corp (CNVS) Misses Q1 EPS by 20c; Offers Guidance
• Jernigan Capital (JCAP) Tops Q2 EPS by 5c