DALLAS (AP) — DALLAS (AP) — Frontier Communications Parent Inc. (FYBR) on Friday reported a loss of $123 million in its second quarter.
On a per-share basis, the Dallas-based company said it had a loss of 49 cents.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The telecommunications company posted revenue of $1.48 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $1.46 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FYBR at https://www.zacks.com/ap/FYBR
