Uniti Group Inc. reported Thursday that its net income dropped 25% in the fourth quarter while earnings per share held steady at 13 cents. The results were in step with Wall Street s expectations.
Uniti Group Inc. reported Thursday that its net income dropped 25% in the fourth quarter while earnings per share held steady at 13 cents. The results were in step with Wall Street s expectations.
Second-quarter earnings were sliced in half at Uniti Group Inc., with the fiber provider reporting Tuesday that net income dropped to $25.6 million and earnings per share fell to 11 cents on flat revenue.
Net income increased 14% in the fourth quarter to $41 million for Uniti Group Inc. on a 3% decline in revenue, the Little Rock-based company announced Friday.