Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2101 RIVERFRONT DRIVE, SUITE A LITTLE ROCK AR 72202 |
Tel: | N/A |
Website: | https://uniti.com |
IR: | See website |
Key People | ||
Kenneth A. Gunderman President, Chief Executive Officer, Director | Paul Bullington Chief Financial Officer, Senior Vice President, Treasurer | Michael Friloux Executive Vice President, Chief Technology Officer |
Daniel L. Heard Executive Vice President, General Counsel, Secretary | Ronald J. Mudry Senior Vice President, Chief Revenue Officer |
Business Overview |
Uniti Group Inc. is an independent, internally managed real estate investment trust (REIT), which is engaged in the acquisition, construction, and leasing of mission critical infrastructure in the communications industry. The Company is principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers. The Company's lines of business include Uniti Leasing and Uniti Fiber. The Uniti Leasing is engaged in acquiring and constructing mission-critical communications assets, such as fiber, data centers, next generation consumer broadband, coaxial and upgradeable copper, and leasing them back to anchor customers on either an exclusive or shared-tenant basis. The Uniti Fiber is a provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet, wavelengths and dark fiber for telecommunications carriers and enterprises. The Company owns approximately 1,40,000 fiber network route miles. |
Financial Overview |
For the fiscal year ended 31 December 2023, Uniti Group Inc revenues increased 2% to $1.15B. Net loss applicable to common stockholders increased from $9.4M to $82.9M. Revenues reflect Leasing operation segment increase of 3% to $852.8M. Higher net loss reflects IE on Capital Financing, Gross increase of 38% to $492.9M (expense). Dividend per share remained flat at $0.60. |
Employees: | 813 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,851M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,150M as of Dec 31, 2023 |
EBITDA (TTM): | $884.44M as of Dec 31, 2023 |
Net annual income (TTM): | -$82.94M as of Dec 31, 2023 |
Free cash flow (TTM): | -$171.28M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $5,479M as of Dec 31, 2023 |
Shares outstanding: | 240,228,435 as of Mar 22, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |