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Frontier improves operating profit, net loss in Q1

Friday 5 March 2021 | 11:51 CET | News
US fixed operator Frontier Communications said revenues fell to USD 1.695 billion in the fourth quarter, from 1.942 billion the year before, but that its operating profit increased to USD 277 million from 221 million, its adjusted EBITDA advanced to USD 693 million from 673 million, and that its net loss narrowed to USD 50 million from a loss of 162 million, with the diluted loss per share going to USD 0.48 from a loss of 1.55 per share. Capex for the quarter went a bit higher, to USD 356 million from 328 million. Frontier ended December with USD 1.887 billion in cash, from 810 million

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Categories: Fixed
Companies: FCC / Frontier Communications
Countries: United States
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