NASDAQ$FYBR
Frontier Communications Parent Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Frontier Communications reported a net loss, but showed growth in fiber broadband and business/wholesale revenue.
Frontier Communications reported Q2 2023 results with a revenue of $1.45 billion and a net loss of $2 million. The company saw growth in fiber broadband customers and positive revenue growth in the business and wholesale sectors for the first time in six years. They also reaffirmed their full-year 2023 operational and financial expectations.
- Added 66,000 fiber broadband customers, a 19% year-over-year increase.
- Consumer fiber broadband customer churn decreased to 1.41% from 1.43% in Q2 2022.
- Business and wholesale revenue increased 0.3% year-over-year.
- Consumer fiber broadband ARPU decreased 0.4% year-over-year, but sequentially increased 2.7%.
Headline financials
Revenue & EPS history
Frontier Communications · Revenue · Quarterly
$1.45B
Revenue by segment
Frontier Communications · $2.38B total across 4 segments · Q3 2020
- Consumer$859M-8.9%36.0%
- Data & Internet$838M—35.2%
- Voice Services$500M—21.0%
- Video Services$186M—7.8%
Forward guidance
Frontier reaffirmed its operational and financial expectations for 2023, with guidance not assuming any impact from the recently priced fiber securitization transactions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports
+0.1%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.5%
Avg return
30 days after
50%
9 / 18 earnings
Positive
+12.1%
Q4 2023
Best reaction
-12.8%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q3 2025 | +0.3% | +0.2% | +0.4% | |
| Q2 2025 | +0.3% | +0.2% | +1.6% | |
| Q1 2025 | +0.1% | -0.5% | +1.5% | |
| Q4 2025 | +0.0% | +0.5% | +0.0% | |
| Q3 2024 | -1.0% | -2.6% | -2.6% | |
| Q2 2024 | -9.8% | -5.0% | -0.1% | |
| Q1 2024 | +9.5% | +5.6% | +11.1% | |
| Q4 2023 | +12.1% | +10.2% | +8.3% | |
| Q3 2023 | +6.8% | — | — | |
| Q2 2023 | -0.6% | — | — | |
| Q1 2023 | -12.8% | — | — | |
| Q4 2022 | -1.4% | — | — | |
| Q3 2022 | -8.3% | — | — | |
| Q2 2022 | +3.6% | — | — | |
| Q1 2022 | -4.0% | — | — | |
| Q4 2021 | +3.1% | — | — | |
| Q3 2021 | +3.9% | — | — | |
| Q2 2021 | -0.5% | — | — | |
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