Trade Uniti Group Inc - UNIT CFD

Uniti Group Company profile

About Uniti Group Inc

Uniti Group Inc. is an internally managed real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The Company focuses on acquiring and constructing fiber optic broadband networks, copper and coaxial broadband networks, and data centers. Its operating segments include Uniti Leasing, Uniti Fiber and Consumer Competitive Local Exchange Carrier (Consumer CLEC). The Leasing segment includes Uniti Leasing. The Fiber Infrastructure segment includes Uniti Fiber business. The Company conducts the Consumer CLEC Business through Talk America Services, LLC. Talk America provides local telephone, Internet and long-distance services to customers in the eastern and central United States.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Uniti Group Inc revenues increased 3% to $1.1B. Net income applicable to common stockholders totaled $122.6M vs. loss of $707.4M. Revenues reflect Leasing operation segment increase of 7% to $801.5M, NAREIT FFO - Per Share - Diluted - Total increase from -$2.69 to $1.31. Net Income reflects Settlement expense decrease from $650M (expense) to $0K. Dividend per share remained flat at $0.60.