Overview

• U.S. fiber infrastructure firm's Q1 revenue rose, beating analyst expectations

• Company posted Q1 net loss of $70.3 mln and adjusted EBITDA of $441.6 mln

• Fiber revenue grew 15% yr/yr, driven by strong demand and fiber-to-the-home expansion

Outlook

• Uniti sees 2026 revenue between $3.605 bln and $3.655 bln

• Company expects 2026 net loss of $450 mln to $400 mln

• Uniti forecasts 2026 adjusted EBITDA of $1.425 bln to $1.475 bln

Result Drivers

• FIBER REVENUE GROWTH - Consolidated fiber revenue rose 15% yr/yr, supported by ongoing demand and fiber-to-the-home build progress

• CONSUMER FIBER MOMENTUM - Kinetic consumer fiber revenue increased 26% yr/yr, with record-high gross additions and lowest churn on record

• NEW BOOKINGS - Fiber Infrastructure achieved $1.6 mln in new monthly recurring revenue bookings, the third highest quarter on record

Company press release: ID:nGNXbX9h2q

Key Details

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