Zayo Group (ZAYO) Misses Q2 EPS by 1c
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Zayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal Quarter Ended December 31, 2018
February 7, 2019 4:06 PM ESTSecond Fiscal Quarter 2019 Financial Highlights
$639.1 million of consolidated revenue; including $542.4 million from the Communications Infrastructure segments and $96.7 million from the Allstream segment. Net income of $30.2 million, including $36.1 million from the Communications Infrastructure segments and a net loss of $5.9 million from the Allstream segment; $321.2 million of adjusted EBITDA, including $303.6 million from Communications Infrastructure and $17.6 million from the Allstream segment. Bookings of $8.3 million, gross installs of $7.8 million, churn of 1.2% and net installs of $1.6 million, all on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR) basis, excluding the... More