earnings
confidence high
sentiment neutral
materiality 0.75
Windstream Q4 rev $875M, Adj EBITDAR $328M (-13% YoY); 2025 guide: ~$1.4B EBITDAR, $1.1B CapEx
Uniti Group Inc.
2025-FY EPS
reported $0.64
vs consensus -$0.34
▲ beat
(+290.5%)
- Q4 total revenue $875M; Adjusted EBITDAR $328M (-13% YoY) due to ACP impact and legacy declines.
- Fiber coverage grew 11% YoY to 1.6M premises passed; fiber subscribers up 16% to ~450K (27.4% penetration).
- Full year 2025 guidance: Adj. EBITDAR ~$1.4B, CapEx ~$1.1B (nearly double fiber build rate), cash interest ~$230M.
- Completed refinancings: $800M notes + $500M term loan + $1.4B add-on; no debt maturities until 2031; liquidity $640M.
- Merger with Uniti: 16 state approvals, SEC S-4 effective; expected close H2 2025.