Previous close | 5.79 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 2,034 |
Market cap | 11.375M |
Beta (5Y monthly) | 1.43 |
PE ratio (TTM) | 0.08 |
EPS (TTM) | 0.71 |
Earnings date | 03 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Key Financial Metrics Exceed Analyst Projections Amidst Major Corporate Developments
Wireless tower owner Uniti Group said on Friday it would merge with telecom services provider Windstream Holdings, nearly a decade after their separation. Windstream spun off Uniti in 2015 and filed for bankruptcy four years later. Some of Windstream's largest shareholders including activist investor Elliott Investment Management, which is also a holder of Uniti's equity and debt, will be rolling substantially all of their investment value in Windstream into the combined company.
Announced Merger with Windstream Creates Premier Insurgent Fiber Provider Updates 2024 Outlook Net Income of $41.3 Million for the First QuarterNet Income of $0.16 Per Diluted Common Share for the First QuarterAFFO Per Diluted Common Share of $0.32 for the First Quarter LITTLE ROCK, Ark., May 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the first quarter 2024. “Uniti is off to a solid start in 2024. Our core recurring str