Zayo Group (ZAYO) Misses Q1 EPS by 2c, Revenues Miss
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November 7, 2018 4:06 PM EST
First Fiscal Quarter 2019 Financial Highlights
$641.1 million of consolidated revenue; including $536.1 million from
the Communications Infrastructure segments and $105.0 million from the
Allstream segment. Reported Revenue includes a $0.4 million negative
impact from the adoption of the new accounting standard, Revenue
from Contracts with Customers.
Net income of $22.1 million, including $25.5 million from the
Communications Infrastructure segments and a net loss of $3.4 million
from the Allstream segment;
$319.4 million of adjusted EBITDA, including $298.6 million from
Communications Infrastructure and $20.8 million from the Allstream
segment. Reported adjusted EBITDA includes a $1.6 million negative
impact from the...
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