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Broadband

Zayo lifts net profit despite lower revenues in Q1

Friday 8 February 2019 | 11:22 CET | News
Data centre and fibre operator Zayo said revenues for its fiscal second quarter to end December fell to USD 639.1 million from 653.1 million the year before. Communications Infrastructure contributed USD 542.2 million to the total, while Allstream gave USD 96.7 million. The net profit however went higher to USD 30.2 million from 13.2 million while the adjusted EBITDA slipped to USD 321.2 million from 328.9 million.

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Categories: Fixed
Countries: Europe / North America
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