Zayo Group (ZAYO) Tops Q2 EPS by 11c, Revenues Beat

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Zayo Group Holdings, Inc. Reports Financial Results for the Second Fiscal Quarter Ended December 31, 2019

February 4, 2020 4:01 PM EST

Second Fiscal Quarter 2020 Financial Highlights

$653.7 million of consolidated revenue; including $502.5 million from the Zayo Networks segment, $64.1 million from the zColo segment and $82.3 million from the Allstream segment. Net income of $61.4 million resulting in basic and diluted net income per share during the quarter of $0.26. $328.5 million of adjusted EBITDA, including $291.9 million from the Zayo Networks segment, $29.7 million from the zColo segment and $5.7 million from the Allstream segment. Consolidated net installs, on a monthly recurring revenue (MRR) and monthly amortized revenue (MAR)... More