Frontier Communications (FTR) Misses Q2 EPS by 8c, Revenues In-Line; Affirms Guidance
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Frontier Communications Reports 2018 Second Quarter Results
July 31, 2018 4:01 PM EDTSecond Quarter
Total revenue of $2.16 billion Continued progress toward improving subscriber trends, offset by typical summer seasonality Successfully concluded the $350 million synergy program on schedule Next phase of transformation initiatives target $500 million EBITDA benefit by year-end 2020 Net loss of $18 million Adjusted EBITDA1 of $884 millionNORWALK, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR) today reported financial results for the second quarter ended June 30,... More
