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Stock impact report

Consolidated Communications Announces Fourth Quarter and Full Year 2023 Financial Results

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: 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 the fourth quarter and full year 2023.Fourth Quarter 2023 ResultsRevenue totaled $275.2 millionOverall consumer revenue was $113.9 millionConsumer fiber revenue was $37.9 millionTotal consumer broadband net adds were 6,998Consumer broadband revenue was $76.5 millionCommercial data services revenue was $54.5 millionCarrier data-transport revenue was $31.7 millionNet loss was ($58.6 million). Adjusted EBITDA was $86.7 millionTotal committed capital expenditures were $91.5 millionCost of services and products and selling, general and administrative expenses collectively decreased $12.6 million versus the prior year largely due to the divestiture of the Kansas City operations on Nov. 30, 2022, lower video programming costs, lower advertising expense, lower access expense and a reduction in salaries Show less Read more
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