Uniti Group

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consists of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.

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Uniti Group reports robust Q4 performance and strategic growth outlook

Uniti Group's Q4 2022 earnings call highlighted strong financial performance, strategic focus on fiber infrastructure, and successful refinancing. Despite challenges from potential competition and lease renewal discussions, Uniti remains optimistic about growth prospects, aiming for free cash flow positivity by 2026.

Uniti Group reports robust Q1 performance and eyes M&A growth

Uniti Group's Q1 performance showcases revenue growth and strategic focus on expanding fiber infrastructure. Despite challenges related to Sprint's tower decommissioning program, the company remains well-positioned with stable revenue streams and growth opportunities through M&A.

Uniti Group maintains solid performance, eyes M&A for growth

Uniti Group's Q2 performance reflects stability and growth potential in core operations and network expansion.
Strategic focus on regional markets and wholesale revenue provides resilience and growth opportunities.
Challenges lie in managing current economic conditions and balancing growth initiatives with financial stability.
Opportunities abound in achieving free cash flow positivity, M&A diversification, and revenue optimization strategies.

Uniti Group reports solid Q3 performance and explores strategic expansion

Uniti Group's Q3 performance reflects steady growth in core recurring revenue and a disciplined approach to regional expansion. The company is well-positioned to capitalize on the increasing demand for fiber and is actively exploring strategic opportunities for network expansion and financial optimization.

Uniti Group strengthens fiber focus with strategic financing decisions

Uniti Group's Q4 2023 earnings call highlighted strategic refinancing, asset sales, and a focus on fiber projects for growth. Strong industry position with a disciplined approach to revenue generation and network expansion.

Uniti Group announces transformative merger with Windstream, enhancing fiber capabilities

Uniti Group's merger with Windstream marks a significant step towards becoming a premier fiber provider, with operational synergies and financial benefits.
While facing regulatory approval challenges and investor sentiment impacts, the company aims to leverage the merger for strategic growth and enhanced market positioning.
The focus on expanding fiber builds, capitalizing on market opportunities, and driving operational efficiencies underscores Uniti's commitment to long-term value creation.
Overall, Uniti's strategic initiatives post-merger position the company well for future growth and competitive advantage in the evolving fiber infrastructure landscape.

Uniti Group reports solid Q2 performance and eyes merger synergies

Uniti Group's Q2 performance reflects stability, growth, and operational efficiency, positioning the company well for the future.
Strategic strengths in core fiber business, pending merger with Windstream, and focus on financial health offer long-term value.
Challenges in wireless bookings, analyst inquiries, and merger integration require proactive management and clear communication.
Opportunities in hyperscaler bookings, revenue diversification, and merger synergies present avenues for sustained growth and market expansion.

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Uniti Group, Inc. is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network. The Uniti Fiber segment includes the operation of infrastructure solutions, cell site backhauls, and dark fiber. The Corporate segment consists of office and shared service functions. The company was founded in February 2014 and is headquartered in Little Rock, AR.

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UNIT stock outperformed the S&P 500 with a 21.25% return since our last article, but the bonds almost kept up. The REIT's FFO estimates have been trending down, and 2024 looks to be another negative free cash flow year. Only one outcome will improve your odds of not losing money, and we are not too optimistic about that.

Uniti: CCC Spreads And A Great Point To Exit (Rating Downgrade)

LITTLE ROCK, Ark., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities 2023 Leveraged Finance Conference. The presentation is scheduled for 8:50 AM EST on November 28, 2023 in Boca Raton, FL.

Uniti Group Inc. to Present at the BofA Securities 2023 Leveraged Finance Conference

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Uniti Group Inc. (NASDAQ:UNIT ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Kenny Gunderman - President and Chief Executive Officer Paul Bullington - Chief Financial Officer Conference Call Participants Frank Louthan - Raymond James & Associates, Inc. Gregory Williams - TD Cowen David Barden - Bank of America Merrill Lynch Bora Lee - RBC Capital Markets Alana Papa - Morgan Stanley Operator Welcome to Uniti Group's Third Quarter 2023 Conference Call. My name is Howard, and I will be your operator for today.

Uniti Group Inc. (UNIT) Q3 2023 Earnings Call Transcript

The headline numbers for Uniti (UNIT) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Uniti (UNIT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO

Uniti Group Inc. Reports Third Quarter 2023 Results

LITTLE ROCK, Ark., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Vice President, Investor Relations & Treasury, Bill DiTullio, is scheduled to participate at Nareit's REITworld 2023 Annual Conference on November 14, 2023 in Los Angeles, CA.

Uniti Group Inc. to Participate at Nareit's REITworld 2023 Annual Conference

Skepticism about buying Uniti Group Inc. due to weak financial footing and lack of growth prospects. High debt risk and potential financial distress pose significant concerns for the company. Ownership structure could be a potential catalyst for volatility, leading to fluctuations in stock price and performance.

Uniti Group: A Potential Value Trap

Uniti's stock has performed relatively well compared to other REITs, with a small negative total return. Q2-2023 numbers were steady on revenues but AFFO dropped 20%. We dissect out what you need to consider before jumping on the 13.4% yield, and also look at alternatives yielding more.

Uniti Group: 13.4% Yield And The 17% Yield That Works Better

LITTLE ROCK, Ark., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2023 financial results prior to the opening of trading on the Nasdaq Stock Exchange on November 2, 2023. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.

Uniti Group Inc. To Report Third Quarter 2023 Financial Results and Host Conference Call

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LITTLE ROCK, Ark., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the Deutsche Bank 31st Annual Leveraged Finance Conference. The presentation is scheduled for 11:20 AM MST / 2:20 PM EDT on October 3, 2023 in Scottsdale, AZ.

Uniti Group Inc. to Present at the Deutsche Bank 31st Annual Leveraged Finance Conference

LITTLE ROCK, Ark., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, will participate in a panel discussion at the RBC Capital Markets 2023 Global Communications Infrastructure Conference. The panel is scheduled for 9:10 AM CST / 10:10 AM EST on September 27, 2023 in Chicago, IL.

Uniti Group Inc. to Participate at the RBC Capital Markets 2023 Global Communications Infrastructure Conference

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LITTLE ROCK, Ark., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities 2023 Media, Communications and Entertainment Conference. The presentation is scheduled for 2:50 PM EDT on September 13, 2023 in New York, NY.

Uniti Group Inc. to Present at the BofA Securities 2023 Media, Communications and Entertainment Conference

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Uniti Group, Inc. (NASDAQ:UNIT ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Kenneth Gunderman - President, CEO & Director Paul Bullington - SVP, CFO & Treasurer Conference Call Participants David Barden - Bank of America Merrill Lynch Michael Rollins - Citigroup Frank Louthan - Raymond James & Associates Operator Hello, and welcome to Uniti Group's Second Quarter 2023 Conference Call. My name is [indiscernible], and I will be your operator for today.

Uniti Group, Inc. (UNIT) Q2 2023 Earnings Call Transcript

The headline numbers for Uniti (UNIT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Uniti (UNIT) Q2 Earnings: A Look at Key Metrics

Uniti Group (UNIT) came out with quarterly funds from operations (FFO) of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.44 per share a year ago.

Uniti Group (UNIT) Matches Q2 FFO Estimates

Reiterates 2023 Outlook for Revenue, Adjusted EBITDA and AFFO Net Income of $25.6 Million or $0.11 Per Diluted Common Share for the Second Quarter AFFO Per Diluted Common Share of $0.34 for the Second Quarter LITTLE ROCK, Ark., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the second quarter 2023.

Uniti Group Inc. Reports Second Quarter 2023 Results

Uniti Group Inc., a REIT specializing in infrastructure for the communications industry, has seen its stock value decrease by 42% over the past year. We like the long-term prospects of fiber and how Uniti is positioned to improve in this space. Forward valuations look cheap, and the company offers decent EBITDA potential in the medium-term.

4 Reasons To Buy Uniti Stock

News for Uniti Group Stock (UNIT)