Zayo Group (ZAYO) Tops Q4 EPS by 9c
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Zayo Group Holdings, Inc. Reports Financial Results for the Fourth Fiscal Quarter Ended June 30, 2018
August 22, 2018 4:05 PM EDTFourth Fiscal Quarter 2018 Financial Highlights
$657.6 million of consolidated revenue, including $546.6 million from the Communications Infrastructure segments and $111.0 million from the Allstream segment. Net income of $43.8 million, including $30.6 million from the Communications Infrastructure segments and a net income of $13.2 million from the Allstream segment. $324.9 million of adjusted EBITDA, including $300.7 million from Communications Infrastructure and $24.2 million from the Allstream segment. Bookings of $8.0 million, gross installs of $7.7 million, churn of 1.2% and net installs of $1.5 million, all on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR) basis, excluding the... More