Uniti Group Inc (NASDAQ:UNIT) reported better-than-expected results for the first quarter on Monday.
The company posted quarterly losses of 34 cents per share which beat the analyst consensus estimate of losses of 55 cents per share. The company reported quarterly sales of $987.500 million which beat the analyst consensus estimate of $933.035 million.
Uniti Group affirmed FY2026 sales guidance of $3.605 billion to $3.655 billion .
“2026 is off to a great start at Uniti, fueled by the continued strong demand from hyperscalers and the significant progress we have made to-date on our fiber-to-the-home build. We saw consolidated revenue and Adjusted EBITDA year-over-year growth during the first quarter for the first time as a …
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