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Replies to post #2855 on Frontier Communications Corp. (fka FTRCQ)
fung_derf
08/07/19 11:40 AM
#2856 RE: not one red cent ~NORC~ #2855
• Total second quarter revenue of $2.07 billion • Net loss of $5.32 billion, includes a goodwill impairment of $5.45 billion • Second quarter Adjusted EBITDA1 of $882 million • Net broadband unit losses of 71,000 • Realized a $160 million annualized transformation program EBITDA benefit in second quarter; expecting a $200 million annualized exit-rate transformation EBITDA benefit at year-end 2019 • Reducing 2019 Adjusted EBITDA guidance range to $3.35 billion to $3.42 billion; reducing 2020 transformation benefit target • Company maintains liquidity of $786 million as of June 30, 2019
Value_Investor
08/14/19 10:56 AM
#2860 RE: not one red cent ~NORC~ #2855