FairPoint Communications (FRP) Tops Q3 EPS Views

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FairPoint Communications Reports 2015 Third Quarter Results

November 3, 2015 5:59 AM EST

Unlevered Free Cash Flow minus Estimated Avoided Costs1 of $33.1 million for the quarter and $96.7 million year-to-date Management maintains its guidance range for Unlevered Free Cash Flow minus Estimated Avoided Costs1 and expects $115 million to $125 million for fiscal 2015 Revenue of $221.6 million for the quarter and $649.6 million year-to-date Adjusted EBITDA minus Estimated Avoided Costs1 of $66.7 million for the quarter and $192.0 million year-to-date Capital expenditures of $28.2 million for the quarter and $82.9 million year-to-date Net income of $53.1 million for the quarter and $48.1 million year-to-date

CHARLOTTE, N.C., Nov. 3, 2015 (GLOBE NEWSWIRE) -- FairPoint Communications, Inc. (Nasdaq:... More

FairPoint Communications Reports 2015 Third Quarter Results

November 3, 2015 5:59 AM EST

Unlevered Free Cash Flow minus Estimated Avoided Costs1 of $33.1 million for the quarter and $96.7 million year-to-date Management maintains its guidance range for Unlevered Free Cash Flow minus Estimated Avoided Costs1 and expects $115 million to $125 million for fiscal 2015 Revenue of $221.6 million for the quarter and $649.6 million year-to-date Adjusted EBITDA minus Estimated Avoided Costs1 of $66.7 million for the quarter and $192.0 million year-to-date Capital expenditures of $28.2 million for the quarter and $82.9 million year-to-date Net income of $53.1 million for the quarter and $48.1 million year-to-date

CHARLOTTE, N.C., Nov. 3, 2015 (GLOBE NEWSWIRE) -- FairPoint Communications, Inc. (Nasdaq:... More