Consolidated Communications (CNSL) Tops Q2 EPS by 12c

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Go back to Consolidated Communications (CNSL) Tops Q2 EPS by 12c

Consolidated Communications Reports Second Quarter 2021 Results

July 29, 2021 8:00 AM EDT

FttP build plan on track, with 76,000 fiber upgrades completed in the second quarter as fiber deployment and construction continue to scale.

On pace to upgrade 300,000 total passings in 2021 and extend fiber services to 70% of the Companys footprint by 2025.

All State Regulatory Approvals Secured for Searchlight Capital Partners Investment. 

Second Quarter 2021 Highlights

Revenue totaled $320.4 million, generating Adjusted EBITDA of $126.7 million Consumer broadband revenue grew 3.7%, representing strong upgrade activity Commercial and carrier data-transport revenue grew 1.4% Net cash from operating activities was $87.3 million; cash and cash equivalents totaled $289.3... More