Uniti Group Reports Strong Q1 2025 Results

Uniti Group ( (UNIT) ) has released its Q1 earnings. Here is a breakdown of the information Uniti Group presented to its investors.

Uniti Group Inc. is a real estate investment trust specializing in the acquisition and construction of communications infrastructure, primarily focusing on fiber and wireless solutions across the United States.

In its first quarter of 2025, Uniti Group reported a net income of $12.2 million, translating to $0.05 per diluted common share. The company also achieved an AFFO of $0.35 per diluted common share, reflecting a strong start to the year despite global economic volatility.

Key highlights from the earnings report include a 4% growth in core recurring strategic fiber revenue and a 40% increase in consolidated bookings compared to the previous year. The company also announced a significant merger with Windstream, expected to close in the third quarter, which aims to create a leading fiber infrastructure platform. Additionally, Uniti welcomed new leadership with John Harrobin as president of Kinetic and Harold Zeitz as a board member.

Looking forward, Uniti Group remains optimistic about its position in the communications infrastructure sector, particularly with emerging trends like Generative AI and convergence. The company has updated its 2025 outlook, projecting revenues between $1,196 million and $1,216 million, and adjusted EBITDA between $966 million and $986 million, excluding the impact of the Windstream merger.