UNIT Q1 2024 Earnings — Uniti Group Inc. Revenue & Financial Results | Market Cap Arena

UNITUniti Group Inc.

$2B

Q1 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$286M-1.2% YoY

Gross Profit

$246M85.7% margin

Operating Income

$219M76.4% margin

Net Income

$41M14.4% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$162M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$7.5B

Stockholders' Equity

-$2.5B

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$286M	$290M	-1.2%
Gross Profit	$246M	$252M	-2.6%
Operating Income	$219M	$224M	-2.1%
Net Income	$41M	-$19M	+315.2%

Revenue Segments

Leasing Segment

$2M100%