Frontier Communications (FYBR) Reports Q3 EPS of $0.51

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Go back to Frontier Communications (FYBR) Reports Q3 EPS of $0.51

 Frontier Communications Delivers Record New Fiber Locations and Fiber Broadband Customer Growth

November 3, 2021 7:00 AM EDT

Reports Third-Quarter 2021 Financial Results

Built fiber to a record 185,000 locations in the third quarter, bringing total fiber passings to 3.8 million by the end of the third quarter Added a record 29,000 new fiber broadband customers during the quarter Delivered third-quarter revenue of $1.58 billion, net income of $126 million, and Adjusted EBITDA of $587 million Raised $1 billion of debt in October, contributing to liquidity of approximately $2.7 billion Continued to enhance leadership team with Melissa Pint, Chief Digital Information Officer, and Charlon McIntosh, Chief Customer Operations Officer

NORWALK, Conn.--(BUSINESS... More