Zayo Group (ZAYO) Misses Q1 EPS by 7c, Revenues Miss

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Go back to Zayo Group (ZAYO) Misses Q1 EPS by 7c, Revenues Miss

Zayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2019

November 6, 2019 4:05 PM EST

First 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