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Uniti Group Inc - UNIT STOCK NEWS

Welcome to our dedicated news page for Uniti Group (Ticker: UNIT), a resource for investors and traders seeking the latest updates and insights on Uniti Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Uniti Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Uniti Group's position in the market.

Rhea-AI Summary
Uniti Group Inc. announces its results for the third quarter of 2023. Consolidated revenue and adjusted EBITDA grew 2.7% and 3.5% respectively compared to the prior year. The company reiterates its 2023 outlook for consolidated revenue, adjusted EBITDA, and AFFO. Net loss for the quarter was $80.9 million or $0.34 per diluted common share. Uniti remains well positioned with no significant debt maturities until 2027 and nearly $7 billion of revenue under contract.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.31%
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Rhea-AI Summary
Uniti Group Inc. declares a quarterly cash dividend of $0.15 per share payable on January 4, 2024, to stockholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.31%
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dividends
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Rhea-AI Summary
Uniti Group Inc. is set to participate in Nareit's REITworld 2023 Annual Conference on November 14, 2023. The company's Vice President, Investor Relations & Treasury, Bill DiTullio, will represent Uniti at the event. Investor materials can be accessed on Uniti's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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conferences
Rhea-AI Summary
Uniti Group Inc. will report Q3 2023 financial results on November 2, 2023, before the opening of trading on Nasdaq. A conference call will be held at 8:30 AM ET. The call will be webcast live on Uniti's Investor Relations website. A replay will be available from November 2, 2023, at approximately 12:00 PM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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conferences earnings
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Rhea-AI Summary
Uniti Group Inc. to present at Deutsche Bank conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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conferences
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Rhea-AI Summary
Uniti Group Inc. Chief Revenue Officer to participate in panel discussion at RBC Capital Markets conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.28%
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conferences
Rhea-AI Summary
Uniti Group Inc. to present at BofA Securities conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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conferences
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.13%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
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dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
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conferences
Uniti Group Inc

Nasdaq:UNIT

UNIT Rankings

UNIT Stock Data

1.35B
235.07M
1.39%
89.18%
7.92%
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Real Estate and Rental and Leasing
Link
US
Little Rock

About UNIT

cs&l (nasdaq: csal), an s&p 400 midcap index company headquartered in little rock, ark., is a publicly traded real estate investment trust primarily engaged in the acquisition of communication distribution systems. cs&l currently owns 3.6 million strand miles of fiber, 235,000 route miles of copper and central office land and buildings across 29 states. as a strategic financing partner to the telecommunications industry, cs&l continually evaluates challenges and trends impacting the industry, and opportunities to grow and diversify its portfolio by acquiring additional communication distribution systems. as a real estate investment trust (reit), cs&l intends to grow and diversify its portfolio over time, primarily in three ways: 1. acquiring and leasing communications assets that qualify as real property. 2. financing fiber for existing and new customers. 3. acting as financing partner to facilitate m&a. cs&l also expects to benefit from rent escalations related to our existin