Uniti Group Reports Solid Third Quarter 2024 Results Amidst Merger Progress

UNIT
September 20, 2025
Uniti Group Inc. announced its third quarter 2024 financial results, reporting consolidated revenues of $292.2 million and Adjusted EBITDA of $235.3 million, achieving an Adjusted EBITDA margin of approximately 81%. Net income for the quarter was $12.2 million, with AFFO attributable to common shareholders at $87.1 million, or $0.33 per diluted common share. The company saw solid demand for its fiber infrastructure, with consolidated bookings of nearly $1 million in monthly recurring revenue, representing an increase of over 20% from the prior year. Uniti Fiber contributed $69.3 million in revenues and $25.6 million in Adjusted EBITDA, while Uniti Leasing reported revenues of $222.9 million and Adjusted EBITDA of $215.2 million. Uniti confirmed that its transformational merger with Windstream remains on track to close by the second half of 2025. Recent credit agreement amendments and refinancing activities at Windstream have provided a clear path to collapsing the dual debt silos, simplifying the combined company's capital structure and providing capital for Kinetic's fiber-to-the-home buildout acceleration. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.