Zayo reported quarterly revenue of $229.7 million, a $120.1 million sequential quarter increase largely attributed to the acquisition of AboveNet, and adjusted EBITDA of $122.6 million, which was $65.1 million higher than the prior quarter. There was a loss from continuing operations of $53.4 million for the quarter, $48.2 million higher than the $5.3 million net loss for the previous quarter.
The company said it continues to add buildings on-net and expand the number of fiber route miles both through acquisitions and new construction.
Zayo’s 8K SEC filing also contains lots of interesting data on operational metrics and pricing trends for key services, including monthly recurring pricing trends for 10G wavelengths, 2.5 G wavelengths, 1G wavelengths, 1G Ethernet, Fractional 1G Ethernet, Fast Ethernet, OC3, OC12, OC48, DS1 and DS3 services.
http://www.zayo.com/sites/default/files/8-K%20Earnings%20Release%20FY%202012%20Q1.PDF
- In September, Zayo completed its previously announced acquisition of FiberGate, which delivers dark fiber connectivity in the Washington, D.C. metro area. The acquisition adds 399 new route miles and 130,000 fiber miles in Washington, D.C., Northern Virginia, Baltimore, and suburban Maryland to Zayo’s network.
- In September, Zayo agreed to acquire First Telecom Services, which operates a fiber network across the northeastern and midwestern United States, for $110 million.