Consolidated Communications (CNSL) Tops Q4 EPS by 6c

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Go back to Consolidated Communications (CNSL) Tops Q4 EPS by 6c

Consolidated Communications Reports Fourth Quarter and Full Year 2020 Results

February 25, 2021 8:00 AM EST

Strong operational performance delivered consistent Revenue and Adjusted EBITDA positioning the company to upgrade more than 300,000 locations to Gigabit speeds in 2021

Company to upgrade 1.6 million locations as part of its accelerated plan to extend fiber coverage to over 70% of its footprint by 2025

Global refinancing extends maturities, lowers leverage and increases liquidity

Fourth Quarter 2020 Highlights (compared to fourth quarter 2019)

Revenue totaled $326.1 million, generating increased Adjusted EBITDA of $132.3 million, up 1.1% Commercial and carrier data-transport revenue grew 3.2% Consumer broadband revenue grew 2.8%, representing seven consecutive quarters of year over year... More