Zayo Group (ZAYO) Posts Q1 Loss of 22c/Share
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Zayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2015
May 13, 2015 8:30 AM EDTThird Fiscal Quarter 2015 Financial Highlights
Zayo Group generated quarterly revenue of $340.7 million, a $16.8 million increase from the previous quarter, representing 21% annualized sequential growth; Adjusted EBITDA for the third fiscal quarter was $199.0 million, which was $9.3 million higher than the prior quarter, representing 20% annualized sequential growth; Quarterly revenue and Adjusted EBITDA increased by $59.3 million and $33.8 million, respectively compared to the third quarter of fiscal year 2014. Excluding the impact of foreign currency exchange rates and acquisitions, annualized revenue and EBITDA growth would have been 8% and 12%, respectively.... More