NASDAQ$UNIT
Uniti Group Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported first quarter 2023 results with revenue and Adjusted EBITDA growth.
Uniti Group Inc. reported consolidated revenues of $289.8 million and a net loss of $19.2 million for the first quarter of 2023. Despite macroeconomic challenges, the business remains resilient with strong demand.
- Net loss of $19.2 million or $0.08 per diluted common share for the first quarter due to one-time items.
- Revenue and Adjusted EBITDA grew 4.2% and 2.9% for the first quarter, respectively, from the prior year first quarter.
- AFFO Per Diluted Common Share of $0.39 for the first quarter.
- Company had approximately $495.3 million of unrestricted cash and cash equivalents at quarter-end.
Headline financials
Revenue & EPS history
Uniti · Revenue · Quarterly
$290M
Revenue by segment
Uniti · $79M total across 1 segment · Q1 2023
- Fiber Infrastructure$79M+7.7%100.0%
Forward guidance
The Company is updating its 2023 outlook primarily for business unit level revisions, and the impact from recent debt refinancings and transaction related and other costs incurred to date.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
-1.2%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-0.7%
Avg return
30 days after
48%
19 / 40 earnings
Positive
+14.1%
Q1 2023
Best reaction
-26.4%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | -2.0% | +2.8% | |
| Q4 2025 | +7.0% | +10.0% | +36.7% | |
| Q3 2025 | +3.7% | +7.5% | +2.1% | |
| Q2 2025 | -10.4% | -21.5% | -22.7% | |
| Q1 2025 | -9.6% | -9.6% | -13.8% | |
| Q4 2024 | +3.7% | +5.2% | -7.9% | |
| Q3 2024 | -9.3% | -0.4% | +5.7% | |
| Q2 2024 | +6.3% | +7.6% | +13.5% | |
| Q1 2024 | -26.4% | -35.8% | -47.6% | |
| Q4 2023 | +2.1% | +11.3% | +2.8% | |
| Q3 2023 | +9.3% | +6.7% | +29.5% | |
| Q2 2023 | -10.1% | +1.3% | +1.1% | |
| Q1 2023 | +14.1% | +19.1% | +21.6% | |
| Q4 2022 | -2.6% | -10.4% | -41.4% | |
| Q3 2022 | +11.5% | +15.3% | -11.1% | |
| Q2 2022 | -3.5% | -2.4% | -9.4% | |
| Q1 2022 | -4.3% | -16.1% | -8.1% | |
| Q4 2021 | +13.8% | +21.7% | +25.0% | |
| Q3 2021 | -2.3% | -3.6% | -6.5% | |
| Q2 2021 | +0.0% | +8.1% | +9.6% | |
| Q1 2021 | -1.9% | -5.2% | -1.9% | |
| Q4 2020 | +0.8% | -9.4% | -7.4% | |
| Q3 2020 | -1.1% | +0.3% | +15.5% | |
| Q2 2020 | -3.6% | -7.0% | -10.1% | |
| Q1 2020 | -3.6% | +5.0% | +21.5% | |
| Q4 2019 | -26.1% | -24.5% | -38.0% | |
| Q3 2019 | -2.7% | -9.3% | +2.4% | |
| Q2 2019 | +3.6% | +7.8% | -10.9% | |
| Q1 2019 | +0.5% | -3.4% | -5.1% | |
| Q4 2018 | +1.4% | +3.4% | +20.1% | |
| Q3 2018 | +3.3% | +4.1% | +4.1% | |
| Q2 2018 | +2.5% | +8.5% | +8.6% | |
| Q1 2018 | +1.7% | +3.9% | +17.1% | |
| Q4 2017 | -0.3% | +2.3% | +5.9% | |
| Q3 2017 | -3.8% | -2.9% | -3.8% | |
| Q2 2017 | -8.6% | -8.3% | -21.4% | |
| Q1 2017 | -4.4% | -6.2% | -2.2% | |
| Q4 2016 | +3.5% | +6.0% | -6.6% | |
| Q3 2016 | -4.9% | -5.0% | +0.2% | |
| Q2 2016 | +0.3% | -1.3% | +0.2% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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