Uniti Group Inc
UNIT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M | LOCK|<^n | LOCK|tT%JJ@y |
Uniti Earnings: With the Windstream Merger Closed, Fiber Construction Comes Into Focus
Pro forma for the Windstream merger, which closed on Aug. 1, Uniti posted a 6% year-over-year revenue decline during the second quarter. With lower-margin business running off, EBITDA was roughly flat. For the full year, management still expects pro forma revenue to decline by about 8%.
