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Frontier Communications Parent Inc
Previous close
$35.10
Day range
$35.05 - $35.19
Year range
$20.51 - $39.21
Market cap
8.76B USD
Avg Volume
2.69M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 1.49B | 3.69% |
Operating expense | 829.00M | 16.43% |
Net income | -82.00M | -845.45% |
Net profit margin | -5.51 | -815.58% |
Earnings per share | -0.13 | -187.63% |
EBITDA | 532.00M | -0.56% |
Effective tax rate | 6.82% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.32B | -40.62% |
Total assets | 20.86B | 1.71% |
Total liabilities | 15.79B | 3.43% |
Total equity | 5.07B | — |
Shares outstanding | 249.02M | — |
Price to book | 1.73 | — |
Return on assets | 1.49% | — |
Return on capital | 1.84% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -82.00M | -845.45% |
Cash from operations | 618.00M | 61.36% |
Cash from investing | -691.00M | 51.30% |
Cash from financing | 307.00M | -78.50% |
Net change in cash | 234.00M | -40.31% |
Free cash flow | 36.38M | 106.67% |
About
Frontier Communications Parent, Inc. is an American telecommunications company. Known as Citizens Utilities Company until 2000, Citizens Communications Company until 2008, and Frontier Communications Corporation until 2020, as a communications provider with a fiber-optic network and cloud-based services, Frontier offers broadband internet, digital television, and computer technical support to residential and business customers in 25 states. In some areas it also offers home phone services.
It was incorporated in 1935 and based in Dallas, Texas, the company began focusing solely on telecommunications in 1999, selling its natural gas assets and utility operations. The company subsequently acquired companies such as Frontier Communications of Rochester as well as assets from Verizon Communications and AT&T. After filing for bankruptcy in 2020 and emerging from restructuring in 2021, Frontier went public again on May 4, 2021, on the NASDAQ. The company had around 3 million broadband subscribers and 485,000 video subscribers in 2021 and currently has a fiber optic network of 5.2 million locations. Wikipedia
CEO
Founded
1935
Website
Employees
12,950