Uniti Group Inc Stock Price, News & Analysis

Uniti Group (Nasdaq: UNIT) has announced it will release its first quarter 2025 financial results before the Nasdaq Stock Exchange opens on May 6, 2025. The company will host a conference call to discuss the earnings at 8:30 AM Eastern Time on the same day.

Investors can access the conference call webcast through Uniti's Investor Relations website at investor.uniti.com. Telephone participation is available through registration on the website. A replay of the call will be made available on the Investor Relations website.

Uniti Group Inc. (UNIT) stockholders have approved the proposed merger with Windstream Holdings II, at a special meeting, with over 90% of shares voting in favor. Under the merger agreement, Windstream will merge with Uniti, with Uniti becoming a wholly-owned subsidiary of Windstream Parent, Inc., which will be renamed to Uniti Group Inc.

The merger terms specify that Uniti stockholders will receive 62% of the combined company's common stock. Windstream shareholders will receive:

• $425 million in cash
• $575 million in preferred stock
• 38% of the combined company's common stock
• Non-voting warrants to acquire up to 6.9% of common stock

The transaction is anticipated to close in the second half of 2025, pending regulatory approvals. The combined company will maintain the UNIT ticker symbol on the Nasdaq Global Market.

Uniti Group (Nasdaq: UNIT) has announced its participation in the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference scheduled for March 11, 2025, in Palm Beach, FL. The company will be represented by Paul Bullington, Senior Vice President, Chief Financial Officer and Treasurer, alongside Bill DiTullio, Senior Vice President of Investor Relations & Treasury.

Investors can access conference materials through Uniti's Investor Relations website at investor.uniti.com in the Events & Presentations section.

Uniti Group (Nasdaq: UNIT) has announced its participation in the upcoming Morgan Stanley 2025 Technology, Media & Telecom Conference. Kenny Gunderman, President and Chief Executive Officer, will deliver a presentation on March 4, 2025 at 8:30 AM PST / 11:30 AM EST in San Francisco, CA.

Investors and interested parties can access a live webcast of the presentation through Uniti's Investor Relations website at investor.uniti.com. A replay of the webcast will be available for a time after the event.

Uniti Group (UNIT) reported its Q4 and full-year 2024 results, with net income of $21.6M for Q4 and $93.4M for the full year. The company achieved Q4 revenues of $293.3M and full-year revenues of $1.2B. Earnings per diluted share were $0.09 in Q4 and $0.38 for the full year, while AFFO per diluted share reached $0.35 and $1.35 respectively.

The company highlighted a 5% growth in core recurring strategic fiber revenue compared to 2023, with Q4 consolidated bookings up 40% year-over-year. Uniti recently completed a $589M fiber securitization notes offering with a weighted average yield of ~6.5%. The company maintains a strong liquidity position with $655.6M in unrestricted cash and available credit, while its leverage ratio stands at 5.80x based on net debt to Q4 2024 annualized Adjusted EBITDA.

Uniti Group (Nasdaq: UNIT) has announced its participation in the J.P. Morgan 2025 Global Leveraged Finance Conference. The company will be represented by Paul Bullington, Senior Vice President, Chief Financial Officer and Treasurer, and Bill DiTullio, Senior Vice President of Investor Relations & Treasury.

The presentation is scheduled for February 24, 2025, at 9:30 AM EST in Miami, FL. While the presentation will not be available via webcast, investors can access related materials through Uniti's Investor Relations website at investor.uniti.com under the Investors tab.

Uniti Group (Nasdaq: UNIT) has completed a $589 million fiber securitization notes offering through its subsidiaries. The offering consists of three series of notes due in April 2030: $426 million at 5.9%, $65 million at 6.4%, and $98 million at 9.0%, with a weighted average yield of 6.5%.

The notes are secured by fiber network assets and customer contracts in Florida and the Gulf Coast region (Louisiana, Mississippi, and Alabama). The company will use the proceeds to repay its existing ABS bridge facility and partially redeem $125 million of its 10.50% senior secured notes due 2028 at a redemption price of 103% plus accrued interest on February 14, 2025.

According to CFO Paul Bullington, this landmark transaction represents the first true enterprise fiber securitization and demonstrates Uniti's efforts to strengthen its balance sheet and reduce capital costs.

Uniti Group (Nasdaq: UNIT) has announced it will release its fourth quarter and full year 2024 financial results before the Nasdaq Stock Exchange opens on February 21, 2025. The company will host a conference call to discuss the earnings at 8:30 AM Eastern Time on the same day.

Interested parties can participate via telephone by registering through the company's Investor Relations website. The conference call will be webcast live, and a replay will be available on the investor relations platform.

Uniti Group (Nasdaq: UNIT) has released its tax reporting information for 2024 distributions. The company paid three quarterly distributions of $0.15 per share, totaling $0.45 per share for the year. The distributions are broken down as follows:

- $0.3882 per share as Ordinary Dividend (non-qualified dividend income)
- $0.0378 per share as Capital Gain Distribution
- $0.0240 per share as Nondividend Distribution

Additionally, $0.0273 of each distribution is classified as Section 897 Ordinary Dividends, and $0.0126 as Section 897 Capital Gains. The Ordinary Dividend portion qualifies as Section 199A Dividends.