Frontier Communications Reports 2018 Third Quarter Results
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Frontier Communications (FTR) Reports In-Line Q3 Revenues
November 6, 2018 4:31 PM ESTFrontier Communications (NASDAQ: FTR) reported Q3 revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.13 billion.
Total revenue of $2.13 billion
Net loss of $426 million principally driven by goodwill impairment
Adjusted EBITDA1 of $878 million, reflecting continued strong expense management
Substantial expansion of transformation initiatives occurred in the third quarter, and will continue to accelerate through 2019
NORWALK, Conn.--(BUSINESS WIRE)--... More
