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0 -0.0011494252873563 -0.0011494252873563 -0.0022988505747128 -0.00091954022988516 0 -0.0022988505747128 -0.0011494252873563
Stock impact report

Consolidated Communications Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Consolidated Communications Holdings, Inc. (CNSL) 
Last consolidated communications holdings, inc. earnings: 8/1 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.consolidated.com
Company Research Source: Yahoo! Finance
First Quarter 2024 Results Revenue totaled $274.7 million Overall consumer revenue was $114.8 million Consumer fiber broadband revenue was $41.6 million Total consumer broadband net adds were 6,338 Consumer broadband revenue was $79.9 million Commercial data services revenue was $54.7 million Carrier data-transport revenue was $31.0 million Net loss was ($47.2 million). Adjusted EBITDA was $88.4 million Total committed capital expenditures were $83.7 million Cost of services and products and selling, general and administrative expenses collectively decreased $15.8 million versus the prior year largely due to decreased USF contributions, lower video programming costs, a reduction in salaries driven by certain cost savings initiatives, and lower access expense. Net interest expense was $42.5 million, an increase of $8.6 million versus the prior year, primarily as a result of higher interest rates on the term loan, in addition to decreased interest income due to lo Show less Read more
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