Earnings Releases

DateTitle 
05/04/17FairPoint Communications Reports 2017 First Quarter Results
Ethernet revenue was 12.1% of total revenue in the quarter as circuits increased 7.8% year-over-year Revenue of $201.9 million for the quarter Net loss of $23.9 million for the quarter Adjusted EBITDA1 of $63.4 million for the quarter Net cash provided by operating activities of $28.2 million for the quarter Unlevered Free Cash Flow1 of $36.7 million for the quarter State and federal regulatory applications related to the proposed merger with Consolidated have been filed; regul... 
Printer Friendly Version
03/06/17FairPoint Communications Reports 2016 Fourth Quarter and Full Year Results
Ethernet revenue was 12.1% of total revenue in the quarter as circuits increased 8.2% year-over-year Revenue of $203.9 million for the quarter and $824.4 million for the year Net income of $16.0 million for the quarter and $104.1 million for the year Adjusted EBITDA1 of $64.9 million for the quarter and $253.8 million for the year Net cash provided by operating activities of $37.8 million for the quarter and $134.3 million for the year Unlevered Free Cash Flow1 of $25.0 ... 
Printer Friendly Version
11/02/16FairPoint Communications Reports 2016 Third Quarter Results
Ethernet revenue was 12.0% of total revenue in the quarter as circuits increased 9.5% year-over-year Revenue of $207.1 million for the quarter and $620.5 million year-to-date Net income of $40.2 million for the quarter and $88.1 million year-to-date Adjusted EBITDA1 of $63.9 million for the quarter and $188.9 million year-to-date Net cash provided by operating activities of $26.1 million for the quarter and $96.5 million year-to-date Unlevered Free Cash Flow1 of $24.4 million for ... 
Printer Friendly Version
08/03/16FairPoint Communications Reports 2016 Second Quarter Results
Ethernet circuits and broadband subscribers continued to increase quarter over quarter Lowest quarterly sequential residential voice line loss in over three years Improving subscriber trends supported revenue of $206.6 million for the quarter and $413.4 million year-to-date Net income of $29.3 million for the quarter and $47.9 million year-to-date Adjusted EBITDA1 of $63.1 million for the quarter and $125.0 million year-to-date Net cash provided by operating activities o... 
Printer Friendly Version
05/04/16FairPoint Communications Reports 2016 First Quarter Results
Unlevered Free Cash Flow1 of $34.7 million for the quarter Improving subscriber trends supported revenue of $206.8 million for the quarter Adjusted EBITDA1 of $62.0 million for the quarter Capital expenditures of $25.9 million for the quarter Net income of $18.6 million for the quarter CHARLOTTE, N.C., May 04, 2016 (GLOBE NEWSWIRE) -- FairPoint Communications, Inc. (Nasdaq:FRP) (“FairPoint” or the “Company”), a leading communications provider, today announced its finan... 
Printer Friendly Version
03/02/16FairPoint Communications Reports 2015 Fourth Quarter and Full Year Results
Unlevered Free Cash Flow minus Estimated Avoided Costs1 of $23.3 million for the quarter and $120.0 million for the year Revenue of $209.8 million for the quarter and $859.5 million for the year Adjusted EBITDA minus Estimated Avoided Costs1 of $63.9 million for the quarter and $255.9 million for the year Capital expenditures of $33.2 million for the quarter and $116.2 million for the year Net income of $42.3 million for the quarter and $90.4 million for the year CHARLOT... 
Printer Friendly Version
11/03/15FairPoint Communications Reports 2015 Third Quarter Results
Unlevered Free Cash Flow minus Estimated Avoided Costs1 of $33.1 million for the quarter and $96.7 million year-to-date Management maintains its guidance range for Unlevered Free Cash Flow minus Estimated Avoided Costs1 and expects $115 million to $125 million for fiscal 2015 Revenue of $221.6 million for the quarter and $649.6 million year-to-date Adjusted EBITDA minus Estimated Avoided Costs1 of $66.7 million for the quarter and $192.0 million year-to-date Capital expen... 
Printer Friendly Version
11/03/15Supplemental Historical Data
... 
Printer Friendly Version
08/05/15FairPoint Communications Reports 2015 Second Quarter Results
- Unlevered Free Cash Flow minus Estimated Avoided Costs(1) of $30.7 million for the quarter and $63.6 million year-to-date - Management raises the lower end of prior guidance range for Unlevered Free Cash Flow minus Estimated Avoided Costs(1) and now expects $115 million to $125 million for fiscal 2015 - Revenue of $214.1 million for the quarter and $428.1 million year-to-date - Capital expenditures of $28.3 million for the quarter and $54.7 million year-to-date - Adjusted EBITDA mi... 
Printer Friendly Version
05/06/15FairPoint Communications Reports 2015 First Quarter Results
- Accrued pension and other post-employment benefit obligations declined a combined $680.3 million from December 31, 2014 to March 31, 2015 based primarily on the new collective bargaining agreements - Unlevered Free Cash Flow minus Estimated Avoided Costs(1) of $32.9 million for the quarter - Adjusted EBITDA minus Estimated Avoided Costs(1) of $61.7 million for the quarter - Capital expenditures of $26.4 million for the quarter - Net loss of $45.2 million for the quarter CHARLOTT... 
Printer Friendly Version
03/04/15FairPoint Communications Reports 2014 Fourth Quarter And Full Year Results
- Unlevered Free Cash Flow minus Estimated Avoided Costs(1) of $30.1 million for the quarter and $104.0 million for the year - Adjusted EBITDA minus Estimated Avoided Costs(1) of $67.5 million for the quarter and $257.6 million for the year - Capital expenditures of $27.7 million for the quarter and $119.5 million for the year - Net loss of $43.6 million for the quarter and $136.3 million for the year CHARLOTTE, N.C., March 4, 2015 /PRNewswire/ -- FairPoint Communications, Inc. (Na... 
Printer Friendly Version
11/05/14FairPoint Communications Reports 2014 Third Quarter Results
- Unlevered Free Cash Flow1 of $24.5 million for the quarter and $73.9 million year-to-date - Adjusted EBITDA1 of $61.7 million for the quarter and $190.1 million year-to-date - Capital expenditures of $28.8 million for the quarter and $91.8 million year-to-date - Net loss of $37.8 million for the quarter and $92.7 million year-to-date CHARLOTTE, N.C., Nov. 5, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), ... 
Printer Friendly Version
08/04/14FairPoint Communications Reports 2014 Second Quarter Results
- Unlevered Free Cash Flow(1) of $21.4 million for the quarter and $49.4 million year-to-date - Adjusted EBITDA(1) of $64.2 million for the quarter and $128.4 million year-to-date - Capital expenditures of $34.9 million for the quarter and $63.0 million year-to-date - Net loss of $22.7 million for the quarter and $54.9 million year-to-date CHARLOTTE, N.C., Aug. 4, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), a leading communication... 
Printer Friendly Version
05/05/14FairPoint Communications Reports 2014 First Quarter Results
-- Unlevered Free Cash Flow1 of $28.1 million -- Adjusted EBITDA1 of $64.2 million -- Capital expenditures of $28.1 million -- Net loss of $32.2 million CHARLOTTE, N.C., May 5, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), a leading communications provider, today announced its financial results for the first quarter ended March 31, 2014.  As previously announced, the Company will host a conference call and simultaneous webcast to di... 
Printer Friendly Version
03/04/14FairPoint Communications Reports 2013 Fourth Quarter And Full Year Results
CHARLOTTE, N.C., March 4, 2014 /PRNewswire/ -- Unlevered Free Cash Flow1 of $21.1 million for the quarter and $113.3 million for the full year Adjusted EBITDA1 of $67.2 million for the quarter and $265.0 million for the full year Capital expenditures of $37.2 million for the quarter and $128.3 million for the full year Net income of $6.1 million for the quarter and net loss of $93.5 million for the full year2 Management provides financial guidance for fiscal year 2014 FairPoint... 
Printer Friendly Version
11/04/13FairPoint Communications Reports 2013 Third Quarter Results
-- Unlevered Free Cash Flow(1) of $24.4 million for the quarter and $92.1 million year-to-date -- Adjusted EBITDA(1) of $67.5 million for the quarter and $197.8 million year-to-date -- Capital expenditures of $33.8 million for the quarter and $91.1 million year-to-date -- Net loss of $9.0 million for the quarter and $99.6 million year-to-date(2) -- Management reaffirms guidance for Adjusted EBITDA and Unlevered Free Cash Flow for fiscal year 2013 CHARLOTTE, N.C., Nov. 4, 2013 /PRN... 
Printer Friendly Version
08/05/13FairPoint Communications Reports 2013 Second Quarter Results
- Unlevered Free Cash Flow(1) of $35 million for the quarter and $68 million year-to-date - Adjusted EBITDA(1) of $66 million for the quarter and $130 million year-to-date - Capital expenditures of $27 million for the quarter and $57 million year-to-date - Net loss of $43 million for the quarter and $91 million year-to-date - Management reaffirms financial guidance for fiscal year 2013 CHARLOTTE, N.C., Aug. 5, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) ("F... 
Printer Friendly Version
05/06/13FairPoint Communications Reports 2013 First Quarter Results
- Unlevered Free Cash Flow(1) of $33 million for the quarter - Adjusted EBITDA(1) of $64 million for the quarter - Capital expenditures of $30 million for the quarter - Net loss of $47 million for the quarter - Successful sale of Idaho operations for $30 million in gross proceeds, or 6x trailing EBITDA - Previously announced workforce reduction expected to save $11 million annually - Management reaffirms financial guidance for fiscal year 2013 ... 
Printer Friendly Version
03/06/13FairPoint Communications Reports 2012 Fourth Quarter And Full Year Results
-- Unlevered Free Cash Flow(1), before storm impact, of $16 million for the quarter and $112 million for the full year -- Adjusted EBITDA(1), before storm impact, of $66 million for the quarter and $278 million for the full year -- Full year capital expenditures of $145 million as compared to $176 million in 2011 -- Net loss of $32 million for the quarter and $153 million for the full year -- Refinancing complete with maturities extended by more than 3 years and lower total debt serv... 
Printer Friendly Version
11/01/12FairPoint Communications Reports 2012 Third Quarter Results
- Unlevered Free Cash Flow[1] of $28.0 million in the quarter and $95.2 million year-to-date - Adjusted EBITDA[1], a newly introduced measure, of $73.7 million in the quarter - Net loss of $37.3 million in the quarter - Cash of $22.1 million at Sept. 30, 2012, after a $25.0 million voluntary debt prepayment CHARLOTTE, N.C., Nov. 1, 2012 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) ("FairPoint" or the "Company"), a leading communications provider, today announced its... 
Printer Friendly Version
08/02/12FairPoint Communications Reports 2012 Second Quarter Results
-- Unlevered Free Cash Flow[1] of $38.1 million in the quarter and $67.2 million year-to-date -- Cash balance grew to $43.8 million at June 30, 2012 from $35.8 million at March 31, 2012 -- Consolidated EBITDAR[2] of $70.2 million in the quarter -- Net loss narrows to $37.1 million in the quarter -- Landmark deregulation in New Hampshire, joining Maine and Vermont CHARLOTTE, N.C., Aug. 2, 2012 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) ("FairPoint" or the ... 
Printer Friendly Version
05/02/12FairPoint Communications Reports 2012 First Quarter Results
-- Strong Unlevered Free Cash Flow[1] of $29.1 million -- Cash balance more than doubled since year-end to $35.8 million -- Consolidated EBITDAR[2] before vacation expense of $66.9 million, up 12% from a year ago -- Net loss of $46.7 million versus net loss of $84.0 million in the fourth quarter of 2011 -- Broadband subscribers grew by more than 21,000, or 7.1%, in the last twelve months -- Landmark deregulation in Maine CHARLOTTE, N.C., May 2, 2012 /PRNewswire/ -- FairPoint Co... 
Printer Friendly Version
03/07/12FairPoint Communications Reports 2011 Fourth Quarter and Full Year Results
-- Consolidated EBITDAR(1) of $250.0 million and capital expenditures of $176.1 million for the full year resulted in Unlevered Free Cash Flow(2) generation of $73.9 million in 2011 -- High-speed Internet subscriber growth continued at 8.4% year-over-year, while voice access line loss slowed for the seventh consecutive quarter to 8.4% year-over-year -- Workforce reduction effort completed according to plan -- Net income of $172.0 million for the full year, including cancellation of debt... 
Printer Friendly Version
11/02/11FairPoint Communications Reports 2011 Third Quarter Results
Strong Consecutive Quarters Operationally and Financially CHARLOTTE, N.C., Nov. 2, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR(1) before pension contribution and storm-related expenses of $70.6 million High-speed Internet subscriber growth accelerates to 8.2% year-over-year, versus a 1.7% loss a year earlier Voice access line loss slows to 8.8% year-over-year, versus 11.0% a year earlier Net loss of $279.4 million driven by non-cash accounting charge... 
Printer Friendly Version
08/08/11FairPoint Communications Reports 2011 Second Quarter Results
Strong Quarter Financially and Operationally CHARLOTTE, N.C., Aug. 8, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR increases to $70.5 million in the quarter on revenue of $262.6 million High-speed Internet subscriber growth accelerates to 5.4% year-over-year versus a 1.9% loss a year earlier Voice access line loss slows to 9.3% year-over-year versus 11.6% a year earlier Net loss improves to $27.1 million versus $54.2 million a year earlier FairPoint ... 
Printer Friendly Version
05/16/11FairPoint Communications Reports 2011 First Quarter Results
CHARLOTTE, N.C., May 16, 2011 /PRNewswire via COMTEX/ -- High-speed Internet subscribers increased over 13,600, or 4.8% year-over-year, with over 56% of the increase coming during the first quarter Voice access line loss continued to improve to 9.6% annually from 10.3% reported in the prior quarter Net Income, including Cancellation of Debt Income of $1,351.1 million, increased to $562.5 million versus a Net Loss of $86.3 million a year earlier Revenue was flat sequen... 
Printer Friendly Version
03/31/11FairPoint Communications Reports 2010 Fourth Quarter and Full Year Results (Includes Reconciliation of Non-GAAP Financial Measures)
CHARLOTTE, N.C., March 31, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR(1) increases over 22 percent to $84.0 million versus fourth quarter 2009 Operational improvements drive a $12.7 million one-time revenue benefit in the quarter Loss from Operations for the quarter improves to $18.2 million from $31.2 million a year earlier High-speed Internet subscribers increase annually for the first time since mid-2009 Company reiterates full year 2011 guid... 
Printer Friendly Version