Uniti Group Inc
UNIT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| n | LOCK|vkM | LOCK|C&Hb>&> |
Uniti Earnings: Increasing Broadband Competition Is a Concern, but Fiber Demand Looks Solid
Uniti's revenue fell 5% in the second quarter. Consumer revenue was especially challenged, falling 9%, by far the worst performance of the past two years. Enterprise fiber sales growth weakened, but this business tends to be lumpy. The firm burned nearly $400 million during the quarter.
