02:26 PM EDT, 08/05/2025 (MT Newswires) -- (Updates with recent share movement in headline and first paragraph, and full-year guidance details in the final paragraph.)
Uniti (UNIT) shares were down over 12% in recent Tuesday trading after the company's Q2 results missed analyst expectations and its full-year revenue guidance fell short of forecasts.
The company reported Q2 adjusted funds from operations of $0.36 per diluted share, up from $0.34 a year earlier.
Three analysts polled by FactSet expected $0.64.
Revenue for the quarter ended June 30 was $300.7 million, up from $294.9 million a year earlier.
Analysts surveyed by FactSet expected $304.9 million.
For 2025, the company now expects revenue of $2.22 billion to $2.27 billion, compared with a prior outlook of $1.20 billion to $1.22 billion. Analysts surveyed by FactSet expect $2.41 billion.
The real estate investment trust said its full-year revenue outlook includes Windstream's expected results for a five-month period following a merger that closed on Friday.
Price: 7.11, Change: -0.98, Percent Change: -12.18