Uniti Group Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 214.92 million compared to USD 208.58 million a year ago. Revenue was USD 285.66 million compared to USD 283.74 million a year ago. Net income was USD 30.71 million compared to USD 40.98 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.13 a year ago.
For the full year, sales was USD 852.77 million compared to USD 827.46 million a year ago. Revenue was USD 1,149.83 million compared to USD 1,128.85 million a year ago. Net loss was USD 81.71 million compared to USD 8.28 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 0.04 a year ago.