Uniti Group Inc (OQ:UNIT)

Sector:  Financials Industry:  Specialized REITs
See Regulatory Filings on SEC
Company Contact
Address: 10802 Executive Center Dr Ste 300
LITTLE ROCK AR 72211-4379
Tel: N/A
Website: uniti.com
IR: See website
Key People
Francis X. Frantz
Independent Chairman of the Board
Kenneth A. Gunderman
President, Chief Executive Officer, Director
Mark A. Wallace
Chief Financial Officer, Executive Vice President, Treasurer
Daniel L. Heard
Executive Vice President, General Counsel, Secretary
Business Overview
Uniti Group Inc. is an internally managed real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The Company focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. It operates in four segments: Leasing, Fiber Infrastructure, Towers and Consumer Competitive Local Exchange Carrier (Consumer CLEC). The Leasing segment includes Uniti Leasing. The Fiber Infrastructure segment includes Uniti Fiber business. The Towers segment includes Uniti Towers and its ground lease investments. The Consumer CLEC segment includes Talk America.
Financial Overview
For the three months ended 31 March 2020, Uniti Group Inc revenues increased 2% to $266.2M. Net loss applicable to common stockholders totaled $79.1M vs. income of $1M. Revenues reflect Leasing operation segment increase of 5% to $184.4M, Fiber Infrastructure segment increase of 1% to $77.4M. Net loss reflects Interest expense increase from $84.5M to $178.4M (expense), Transaction related and other costs increase from $6.7M to $16M (expense).
Employees: 899 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $6,676M as of Mar 31, 2020
Annual revenue (TTM): $1,063M as of Mar 31, 2020
EBITDA (TTM): $822.64M as of Mar 31, 2020
Net annual income (TTM): -$71.69M as of Mar 31, 2020
Free cash flow (TTM): $148.11M as of Mar 31, 2020
Net Debt Last Fiscal Year: $5,003M as of Mar 31, 2020
Shares outstanding: 194,116,016 as of May 1, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization