Uniti Group Inc. (UNIT) CEO Kenny Gunderman on Q1 2020 Results - Earnings Call Transcript

May 11, 2020 8:29 PM ETUniti Group Inc. (UNIT) StockUNIT10 Comments
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Q1: 2020-05-11 Earnings Summary

EPS of -$0.41 misses by $0.24
 | Revenue of $266.16M (1.97% Y/Y) beats by $521.67K

Uniti Group Inc. (NASDAQ:UNIT) Q1 2020 Earnings Conference Call May 11, 2020 4:15 PM ET

Company Participants

Kenny Gunderman - Chief Executive Officer
Mark Wallace - Chief Financial Officer

Conference Call Participants

Frank Louthan - Raymond James
Greg Williams - Cowen
Philip Cusick - JPMorgan
David Barden - Bank of America Merrill Lynch
Simon Flannery - Morgan Stanley

Operator

Welcome to Uniti Group's First Quarter 2020 Conference Call. My name is Ann and I will be your operator for today. A webcast of this call will be available on the company's website, www.uniti.com beginning May 11, 2020 and will remain available for 14 days. At this time, all participants are in a listen-only mode. Participants on the call will have the opportunity to ask questions following the company's prepared comments.

The company would like to remind you that today's remarks include forward-looking statements and actual results could differ materially from those projected in these statements. The factors that could cause actual results to differ are discussed in the company's filings with the SEC. The company's remarks this afternoon will reference slides posted on its website and you are encouraged to refer to those materials during this call.

Discussions during the call will also include certain financial measures that were not prepared in accordance with generally accepted accounting principles. Reconciliation of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the company's current report on Form 8-K dated today.

I would now like to turn the call over to Uniti Group's, Chief Executive Officer, Kenny Gunderman. Please go ahead, Mr. Gunderman.

Kenny Gunderman

Thank you. Good afternoon everyone and thank you for joining. Please turn to slide four in our presentation. Before I review our operational performance for the first quarter, I'd like to first discuss how Uniti

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