UK's CityFibre achieves positive core earnings in Q1 [Reuters]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Reuters
of its target of reaching the milestone in the first half, after it grew its customer connections by 77% to more than 400,000. The company, which serves more than 40 internet service providers and mobile phone companies including TalkTalk, three and Vodafone , said it was regularly installing over 1,000 new customers a day. Chief Executive Greg Mesch said the company, which last year reported 100 million pounds of revenue, was ahead of track in the three months to end-March. "We were better on our cost control because we did all the work last year, but also our growth has been greater than we thought," he said. "A steady 1,000 installs a day and that's 25,000 net additions per month." CityFibre, whose backers include Antin Infrastructure Partners and Goldman Sachs, agreed to buy Lit Fibre from Newlight Partners last month, accelerating its roll-out by up to 300,000 premises towards its eventual target of 8 million. Mesch said more deals were in the pipeline, helping increa
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- 4/15/24 - Beat
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- 5/17/24 - Form 424B3
- GS's page on the SEC website