Zayo Group (ZAYO) Misses Q1 EPS by 7c, Revenues Miss
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Zayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2019
November 6, 2019 4:05 PM ESTFirst Fiscal Quarter 2020 Financial Highlights
$638.6 million of consolidated revenue; including $483.2 million from the Zayo Networks segment, $63.7 million from the zColo segment and $86.6 million from the Allstream segment. Net income of $17.9 million resulting in basic and diluted net income per share during the quarter of $0.08. $314.8 million of adjusted EBITDA, including $277.5 million from the Zayo Networks segment, $26.6 million from the zColo segment and $9.3 million from the Allstream segment. Consolidated net installs, on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR) basis, were $0.9 million, excluding the Allstream segment. This includes $1.1... More