UNIT Q2 2024 Earnings — Uniti Group Inc. Revenue & Financial Results | Market Cap Arena

UNITUniti Group Inc.

$2B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$295M+4.0% YoY

Gross Profit

$295M100.0% margin

Operating Income

$154M52.3% margin

Net Income

$18M6.2% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$168M

Free Cash Flow

$73M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$7.6B

Stockholders' Equity

-$2.5B

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$295M	$284M	+4.0%
Gross Profit	$295M	$241M	+22.5%
Operating Income	$154M	$217M	-29.1%
Net Income	$18M	$26M	-28.7%

Revenue Segments

Leasing Segment

$2M100%