Frontier Communications Parent Inc
FYBR
ISIN US35909D1090 / Valor 110900857
Frontier Communications Parent Inc
UMushroom community rating:
About company
Frontier Communications Parent Inc is a telecommunications company that offers residential Internet services to new customers, with varying speed options ranging from 500 Mbps to 2 Gig. The company requires AutoPay for billing and charges additional fees for printed bills, equipment return upon disconnection, and multi-device security. Frontier Communications Parent Inc operates in select states and offers a range of services beyond Internet, subject to availability and certain restrictions.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.12.2024):
Revenue Growth
Frontier Communications Parent Inc. reported a revenue of $1.49 billion for the third quarter of 2024, marking a 3.7% increase year-over-year. This growth was primarily driven by the expansion in fiber-based products, although it was partially offset by declines in copper-based products.
Operating Income and Net Loss
For the third quarter of 2024, Frontier Communications Parent Inc. recorded an operating income of $86 million. However, the company also reported a net loss of $82 million during the same period.
Adjusted EBITDA
Frontier Communications Parent Inc. achieved an adjusted EBITDA of $549 million in the third quarter of 2024, reflecting a 4.4% increase compared to the previous year. This improvement was attributed to revenue growth and reduced service costs, despite higher customer acquisition expenses.
Consumer Fiber Revenue
In the third quarter of 2024, Frontier Communications Parent Inc.'s consumer fiber revenue rose by 12.1% year-over-year to $537 million. This increase was driven by growth in broadband services, although it was somewhat offset by declines in video and voice services.
Business and Wholesale Revenue
Frontier Communications Parent Inc. reported a 7.6% year-over-year increase in Business and Wholesale revenue, reaching $682 million in the third quarter of 2024. The growth was fueled by an increase in fiber revenue, particularly in data and internet services.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
8658 M
Market cap (USD)
390,842
Daily traded volume (Shares)
34.875 / 34.76
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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