Zayo Group Holdings, Inc. Reports Financial Results for the First Fiscal Quarter Ended September 30, 2015
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Cowen Reiterates Outperform on Zayo Group (ZAYO) Following 1Q
November 11, 2015 7:12 AM ESTCowen reiterated an Outperform rating on Zayo Group Holdings (NYSE: ZAYO), and raised the price target to $37.00 (from $36.00), following the company's 1Q earnings report. Total revenue was $366.8MM vs. the Street's $368.9MME. The company has a record backlog and is seeing a few large deals... More
Zayo Group (ZAYO) Posts Q1 Loss of 6c/Share
November 10, 2015 8:42 AM ESTZayo Group (NYSE: ZAYO) reported Q1 EPS of ($0.06), $0.10 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $366.8 million versus the consensus estimate of $369.06 million.
Adjusted EBITDA for the first fiscal quarter was $215.4 million, which was $4.5 million higher than the prior quarter,... More
Zayo Group (ZAYO) to Acquire Viatel in EUR 95M Deal
November 10, 2015 7:22 AM ESTZayo Group (NYSE: ZAYO) announced it has entered into a definitive agreement to acquire Viatels infrastructure and non-Irish enterprise businesses. Viatel is a wholly owned subsidiary of the Digiweb Group, a full service telecommunications and managed services operator, based in Dublin, Ireland. The purchase price is approximately 95 million.
The Viatel acquisition will provide Zayo with Pan-European intercity and metro fiber capability via an 8,400 kilometer fiber network... More
