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Frontier’s 1Q18 Earnings Get a Boost from Cost Savings

Frontier’s 1Q18 Earnings Get a Boost from Cost Savings

Adjusted EBITDA exceeded the Wall Street expectations of $900 million. The adjusted EBITDA margin rose 210 basis points in 1Q18 on a YoY basis, mainly driven by cost savings initiatives. Frontier’s focus on cost savings has helped the company to reduce its operating expenses and improve its profitability.