Zayo Group (ZAYO) Tops Q1 EPS by 1c
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Zayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2016
November 8, 2016 4:05 PM ESTFirst Fiscal Quarter 2017 Financial Highlights
$504.9 million of consolidated revenue, including $112.2 million from Zayo Canada; -2% quarter-over-quarter annualized revenue growth; 4% quarter-over-quarter annualized recurring revenue growth (7% in constant currency), excluding Zayo Canada. Net income of $15.7 million, including $10.5 million from Zayo Canada; $46.6 million increase quarter-over-quarter. $260.6 million of adjusted EBITDA, including $27.5 million from Zayo Canada; Bookings of $7.2 million, gross installs of $6.5 million, churn of 1.1% and net installs of $2.3 million, all on a monthly... More