Uniti Group Inc Stock Price, News & Analysis

Uniti Group Inc. (Nasdaq: UNIT) announced it will release its second quarter 2022 financial results on August 4, 2022, before the Nasdaq opens. A conference call discussing the earnings will follow at 8:30 AM Eastern Time, with a live webcast available on its Investor Relations website. Uniti, a real estate investment trust, specializes in communications infrastructure and currently owns 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S.

Uniti Group Inc. (Nasdaq: UNIT) announced that its President of Wholesale & Strategic Accounts, Greg Ortyl, and Vice President of Finance and Investor Relations, Bill DiTullio, will participate in the Wells Fargo 2022 Streaming & Connectivity Day Conference. The event is set for 1:15 PM ET on June 14, 2022. Investors can access a live webcast on Uniti’s website, which will be available for replay afterward. As of March 31, 2022, Uniti operates approximately 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S.

Uniti Group announced that its President and CEO, Kenny Gunderman, will present at the Nareit 2022 REITweek Investor Conference on June 7, 2022, at 8:00 AM ET in New York, NY. A live webcast will be available on Uniti’s website under the Investors tab, and a replay will be accessible for a limited time after the event. As of March 31, 2022, Uniti owns approximately 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S., making it a key player in the communications infrastructure sector.

Uniti Group Inc. (Nasdaq: UNIT) announced that its Chief Revenue Officer, Ron Mudry, and Vice President of Finance and Investor Relations, Bill DiTullio, will present at the Cowen 50th Annual Technology, Media & Telecom Conference. The event is set for 3:20 PM ET on June 2, 2022, in New York, NY. A live webcast will be accessible on Uniti’s website under the Investors tab, with a replay available for a limited time. Uniti is a real estate investment trust specializing in communications infrastructure, owning about 129,000 fiber route miles across the U.S.

Uniti Group Inc. (Nasdaq: UNIT) announced its participation in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 25, 2022. CEO Kenny Gunderman and VP Bill DiTullio will present at 1:50 PM ET in Boston. A live webcast will be available on Uniti's website, with a replay option for a limited time. As of March 31, 2022, Uniti manages approximately 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S., focusing on critical communications infrastructure.

Uniti Group (Nasdaq: UNIT) announced participation of key executives at the Barclays 2022 High Yield Bond & Syndicated Loan Conference on May 24, 2022, in Austin, Texas. Senior Vice President and CFO, Paul Bullington, along with Vice President of Finance and Investor Relations, Bill DiTullio, will represent the company.

Written materials from the event will be available on Uniti's website starting at 7:00 AM CT / 8:00 AM ET on the same day. Uniti is a leading provider of fiber and wireless communications infrastructure, owning approximately 129,000 fiber route miles across the U.S.

Uniti Group Inc. (Nasdaq: UNIT) announced the deployment of an advanced Open Line System connecting cable landing stations along the east coast. This integration will enhance connectivity between Miami, Boca Raton, Jacksonville, Virginia Beach, and Ashburn, enabling the provision of 100G and 400G wavelength services. The new network is aimed at facilitating international traffic, meeting rising demand for high-capacity bandwidth from global customers.

Uniti Group reported robust first-quarter 2022 results, with consolidated revenues of $278.0 million and net income of $52.9 million, or $0.21 per diluted share, reflecting a 58% increase in consolidated bookings compared to Q1 2021. Adjusted EBITDA increased by 4.9% to $224.8 million, while Adjusted Funds From Operations (AFFO) rose 9.0% to $112.3 million, or $0.43 per share. The company updated its full-year 2022 outlook, projecting revenues between $1,119 million and $1,137 million.

Uniti Group Inc. (Nasdaq: UNIT) has declared a quarterly cash dividend of $0.15 per share, to be distributed on July 1, 2022, to stockholders recorded by June 17, 2022. As an internally managed real estate investment trust, Uniti focuses on acquiring and constructing critical communications infrastructure with approximately 128,000 fiber route miles and 7.6 million fiber strand miles across the U.S. This dividend announcement underscores Uniti's commitment to delivering value to its shareholders.