UNIT Q1 2023 Earnings — Uniti Group Inc. Revenue & Financial Results | Market Cap Arena

UNITUniti Group Inc.

$2B

Q1 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$290M+4.2% YoY

Gross Profit

$252M86.9% margin

Operating Income

$224M77.1% margin

Net Income

-$19M-6.6% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

-$100M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$7.3B

Stockholders' Equity

-$2.3B

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$290M	$278M	+4.2%
Gross Profit	$252M	$241M	+4.4%
Operating Income	$224M	$217M	+2.8%
Net Income	-$19M	$53M	-136.4%

Revenue Segments

Leasing Segment

$211M100%