Uniti Group Reports Worse Than Expected Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/UNIT'>Uniti Group Inc. (NASDAQ:UNIT)</a> reported its Q4 earnings results on Friday, with EPS of $0.13 coming in worse than the Street estimate of $0.18. Revenue was $283.74 million, missing the Street estimate of $285.54 million.</p>
<p>Management is focused on driving organic growth, and remains disciplined with regard to M&A. It does not expect any transactions in the near term given the macro environment. </p>
<p>The company introduced long-term organic growth targets for its strategic fiber business. Through 2030, management projects strategic fiber revenue/EBITDA midpoints of $850 million/$575 million, equating to CAGRs of approximately 7% and 9%, respectively. </p>

NASDAQ:UNIT