FRONTIER COMM.PAR. DL-,01 Aktie

Frontier reported Q4 EPS of $0.23 vs. an expected $0.12 and revenue of $997 million, with both metrics above estimates. The stock rose 8.22% in premarket trading to $6.45. Management emphasizes cost-cutting measures and product innovations aiming for annual savings of $200 million by 2027, including terminating lease agreements. The outlook remains uncertain: for the next quarter a range from losses of up to $0.40 to gains of $0.50 per share is expected. » Mere på de.investing.com

Frontier Communications stock rose to a new 52-week high of $38.32, surpassing the previous record of $38.31. Over the past 12 months the stock gained 7.6%; the company has a market capitalization of $9.57 billion and revenue of $6.1 billion (growth 4.25% p.a.). In the third quarter Frontier reported a net loss of $0.30 per share but slightly beat revenue expectations with $1.55 billion, driven by stronger fiber broadband growth and improved efficiency. Frontier also drew the remaining $150 million of an unsecured convertible note with Verizon; the note carries interest at Daily Simple SOFR plus 0.87% and is convertible into shares at $38.50 per share upon termination of the merger agreement. » Mere på de.investing.com

Frontier has appointed James G. Dempsey as interim CEO with immediate effect; Barry L. Biffle will continue to advise the company until December 31, 2025. The appointment comes amid significant financial challenges: Frontier was unprofitable over the past twelve months and reported a negative EBITDA of $302 million. The company expects fourth-quarter 2025 results to be in line with the guidance published on November 5; in the third quarter Frontier reported an adjusted loss per share of $0.34, slightly better than expected, but missed revenue expectations. » Mere på de.investing.com