FairPoint Communications (FRP) Reports Q4 EPS of $0.59
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FairPoint Communications Reports 2016 Fourth Quarter and Full Year Results
March 6, 2017 6:00 AM ESTEthernet revenue was 12.1% of total revenue in the quarter as circuits increased 8.2% year-over-yearRevenue of $203.9 million for the quarter and $824.4 million for the yearNet income of $16.0 million for the quarter and $104.1 million for the yearAdjusted EBITDA1 of $64.9 million for the quarter and $253.8 million for the yearNet cash provided by operating activities of $37.8 million for the quarter and $134.3 million for the yearUnlevered Free Cash Flow1 of $25.0 million for the quarter and $115.6 million for the yearState and federal regulatory applications related to the proposed merger with Consolidated have been filed; regulatory approval processes are... More
