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Uniti Group Inc. reports $244.5 million loss in Q3

Associated Press · ·by G4L

UNIT
UNIT Uniti Group Inc
$5.22 -2.70%
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  1. 1Uniti Group Inc. recorded a loss of $244.5 million in the third quarter.
  2. 2Uniti Group Inc. reported a loss of $1.03 per share in Q3, missing the market estimate of 54 cents.
  3. 3Uniti Group Inc. achieved revenue of $848.1 million during the period.

So what's the key point?

Uniti Group Inc. reported a loss of $244.5 million in the third quarter. The loss was larger than what experts expected, which is unfavorable news for investors.

Source Associated Press · View original ↗

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