Uniti Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 208.62 million compared to USD 199.49 million a year ago. Revenue was USD 283.1 million compared to USD 266.75 million a year ago. Net loss was USD 155.68 million compared to net income of USD 43.37 million a year ago. Basic loss per share from continuing operations was USD 0.66 compared to basic earnings per share from continuing operations of USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.66 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the nine months, sales was USD 618.88 million compared to USD 590.48 million a year ago. Revenue was USD 845.11 million compared to USD 807.51 million a year ago. Net loss was USD 49.25 million compared to net income of USD 87.84 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.37 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.37 a year ago.