Frontier Communications (FTR) Misses Q4 EPS by 2c, Revenues Beat

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Frontier Communications Reports Fourth Quarter and Full Year 2018 Results

February 26, 2019 4:01 PM EST

Total fourth quarter revenue of $2.12 billion, stable sequentially Net loss of $219 million in the fourth quarter, with loss driven by goodwill impairment Adjusted EBITDA1 of $895 million, a sequential increase driven by improved Consumer revenue performance, continued strong expense management, and early benefits from the companys transformation program Transformation program initiatives expanded further in the fourth quarter, and the program enters 2019 with strong momentum

NORWALK, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR) today reported financial... More