Frontier Communications reports Q4 EPS 7c, consensus (12c)

Reports Q4 revenue $1.43B, consensus $1.42B. “Last year, we continued the relentless execution of our strategy, delivered strong financial performance, and achieved our first full year of EBITDA growth in more than a decade,” said Nick Jeffery, President and Chief Executive Officer of Frontier. “In fact, Frontier has delivered the fastest EBITDA growth of any major player in the fixed broadband industry for two consecutive quarters. We believe this year marks a critical inflection point in our business and expect to continue to accelerate EBITDA growth in 2024.”