Frontier Communications (FTR) Reports In-Line Q2 EPS; Updates FY15 Outlook

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Go back to Frontier Communications (FTR) Reports In-Line Q2 EPS; Updates FY15 Outlook

Frontier Communications Reports 2015 Second Quarter Results

August 3, 2015 7:15 AM EDT

Continued positive broadband momentum with 29,200 net broadband additions Delivered sequential growth in Customer Revenue Raised $2.75 billion in equity offerings to fund acquisition of Verizon CA, FL and TX assets Maintained an attractive and sustainable dividend payout ratio of 53% Updated 2015 guidance for free cash flow, capital expenditures and cash taxes

NORWALK, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR) today reported second quarter 2015 revenue of $1,368 million, operating income of $193 million and net loss of $28... More