financetom
Business
financetom
/
Business
/
Frontier Communications Parent Q1 Earnings Down, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Frontier Communications Parent Q1 Earnings Down, Revenue Increases
May 3, 2024 5:09 AM

07:49 AM EDT, 05/03/2024 (MT Newswires) -- Frontier Communications Parent ( FYBR ) reported Q1 earnings Friday of $0.00 per diluted share, down from $0.01 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.02.

Revenue for the quarter ended March 31 was $1.46 billion, up from $1.44 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.44 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Schlumberger Has Modest Downside Risk but Non-Core Portfolio Holds 'Substantial Value,' Morgan Stanley Says
Schlumberger Has Modest Downside Risk but Non-Core Portfolio Holds 'Substantial Value,' Morgan Stanley Says
Jan 17, 2025
01:35 PM EST, 01/17/2025 (MT Newswires) -- Schlumberger ( SLB ) meaningfully reset expectations in Q3, but the stock still has modest incremental downside risk, Morgan Stanley said Friday in a note. The investment firm also said it continues to see substantial value in the oilfield services provider's non-core businesses as well as in its OneSubsea joint venture, which could...
Brand Engagement Network Terminates Reseller Agreement, Files Lawsuit Against AFG Companies
Brand Engagement Network Terminates Reseller Agreement, Files Lawsuit Against AFG Companies
Jan 17, 2025
01:37 PM EST, 01/17/2025 (MT Newswires) -- Brand Engagement Network ( BNAI ) said Friday it has terminated its exclusive reseller agreement with AFG Companies and filed a lawsuit against the company and its chief executive Ralph Wright Brewer III. Brand Engagement Network ( BNAI ) alleged AFG failed to provide access to an agreed-upon operational-ready data platform which would...
Update: Market Chatter: KKR Appoints Goldman Sachs for Sale of Stake in Philippine Fintech Maya
Update: Market Chatter: KKR Appoints Goldman Sachs for Sale of Stake in Philippine Fintech Maya
Jan 17, 2025
01:32 PM EST, 01/17/2025 (MT Newswires) -- (Updates with KKR's response in the fourth paragraph.) KKR (KKR) has appointed Goldman Sachs ( GS ) for the sale of its interest in Maya, a Philippine fintech company, Reuters reported Friday, citing two sources with knowledge of the matter. KKR has a more than 20% stake in Maya, which could be valued...
Pine Cliff Energy Seals Natural Gas Supply Deal For Data Centre Development
Pine Cliff Energy Seals Natural Gas Supply Deal For Data Centre Development
Jan 17, 2025
01:35 PM EST, 01/17/2025 (MT Newswires) -- Pine Cliff Energy ( PIFYF ) on Friday said it will sell between 3.2-million cubic feet per day (MMcf/d) and 4.8 MMcf/d of natural gas to a private company, for an initial term of 25 years. The private company will construct and operate a data center, separate to the Alberta electrical grid, and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved