Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
Frontier Communications Parent, Inc (NASDAQ:FYBR) reported a fiscal first-quarter revenue growth of 1.5% year-on-year to $1.46 billion, versus the analyst consensus estimate of $1.44 billion.
前沿通信母公司（納斯達克股票代碼：FYBR）報告稱，第一財季收入同比增長1.5％，達到14.6億美元，而分析師的共識估計爲14.4億美元。
The American telecommunications company's EPS of $0.00 beat the analyst consensus loss estimate of $(0.08). The stock gained after the print.
這家美國電信公司的每股收益爲0.00美元，超過了分析師共識虧損預期的0.08美元。該股在印刷後上漲。
Declines in copper-based products offset the growth in fiber-based products. Consumer revenue was $787 million, a 3.4% growth year over year, and Consumer fiber revenue rose by 11.0% year over year to $484 million.
銅基產品的下降抵消了纖維基產品的增長。消費者收入爲7.87億美元，同比增長3.4％，消費纖維收入同比增長11.0％，達到4.84億美元。
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Consumer fiber broadband revenue increased 12.7% year over year to $505 million, driven by growth in fiber broadband customers and ARPU.
受光纖寬帶客戶和ARPU增長的推動，消費光纖寬帶收入同比增長12.7％，達到5.05億美元。
Business and wholesale revenue was $659 million, flattish Y/Y, while the Business and wholesale fiber revenue was $300 million, a 6.8% growth Y/Y.
業務和批發收入爲6.59億美元，同比持平，而商業和批發纖維收入爲3億美元，同比增長6.8％。
Frontier built fiber to 322,000 locations, bringing total fiber passings to 6.8 million. Consumer fiber broadband net adds were 88,000, resulting in fiber broadband customer growth of 18%.
Frontier 爲32.2萬個地點建造了光纖，使光纖總通過量達到680萬次。消費光纖寬帶淨增量爲8.8萬個，使光纖寬帶客戶增長了18％。
The adjusted EBITDA margin expanded by 140 bps to 37.4%. Frontier held $1.5 billion in cash and equivalents and used $(694) million in free cash flow as of March 31, 2024.
調整後的息稅折舊攤銷前利潤率增長了140個點子至37.4％。截至2024年3月31日，Frontier持有15億美元的現金及等價物，並使用了6.94億美元的自由現金流。
"We had a strong start to the year and achieved another major inflection point. We grew revenue year-over-year for the first time since 2015 and delivered our third consecutive quarter of Adjusted EBITDA growth," said Nick Jeffery, President and Chief Executive Officer of Frontier. "We also grew our customer base and increased ARPU in the quarter, resulting in a 24% increase in fiber broadband revenue."
“我們今年開局良好，實現了又一個重要的轉折點。Frontier總裁兼首席執行官尼克·傑弗裏說，自2015年以來，我們的收入首次同比增長，並連續第三個季度實現調整後的息稅折舊攤銷前利潤增長。“我們還在本季度擴大了客戶群並提高了ARPU，使光纖寬帶收入增長了24％。”
FY24 Outlook: Frontier reiterated adjusted EBITDA of $2.20 billion – $2.25 billion and targeted fiber builds to 1.3 million new locations.
24財年展望：Frontier重申調整後的息稅折舊攤銷前利潤爲22.0億美元至22.5億美元，目標是向130萬個新地點建造光纖。
Frontier Communications stock gained over 17% in the last 12 months. Investors can gain exposure to the stock via Invesco S&P 500 Equal Weight Communication Services ETF (NYSE:RSPC) and SPDR S&P Telecom ETF (NYSE:XTL).
前沿通信的股票在過去12個月中上漲了17％以上。投資者可以通過景順標普500指數等權重通信服務ETF（紐約證券交易所代碼：RSPC）和SPDR標普電信ETF（紐約證券交易所代碼：XTL）獲得股票敞口。
Price Action: FYBR shares traded higher by 7.29% at $25.75 at the last check Friday.
價格走勢：在週五的最後一次支票中，FYBR股價上漲7.29％，至25.75美元。
譯文內容由第三人軟體翻譯。