Consolidated Communications Announces Third Quarter 2024 Financial Results
Consolidated Communications Holdings, Inc. (CNSL)
Last consolidated communications holdings, inc. earnings: 8/1 08:00 am
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US:NASDAQ Investor Relations:
ir.consolidated.com
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Source: Business Wire
MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for third quarter 2024.Third Quarter 2024 ResultsRevenue totaled $271.1 millionOverall consumer revenue was $110.3 millionConsumer fiber broadband revenue was $49.0 millionConsumer broadband net adds were 5,134Consumer broadband revenue was $82.4 millionCommercial data services revenue was $54.6 millionCarrier data-transport revenue was $30.4 millionNet loss was ($61.4 million). Adjusted EBITDA was $86.5 millionCommitted capital expenditures totaled $126.1 millionCost of services and products and selling, general and administrative expenses collectively decreased $16.3 million versus the prior year largely due to lower video programming costs, lower severance costs, lower access expense, lower salaries driven by certain cost savings initiatives, and a reduction in contract labor costs. The decrease
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Sec Filings
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 8-K
- 10/10/24 - Form 8-K
- CNSL's page on the SEC website