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Frontier Reports Fourth-Quarter and Full-Year 2024 Results

1. FYBR reported Q4 and full-year 2024 results, marking a turnaround milestone. 2. Post-bankruptcy recovery from 2021 culminated in a landmark turnaround in 2024.

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$35.7802/21 10:43 PM EDTLatest Updated
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FAQ

Why Bullish?

The strong report signals successful execution of its turnaround, echoing past instances where companies rebounded effectively after restructuring. Historical recoveries, such as those seen in post-bankruptcy turnarounds, often boost investor confidence.

How important is it?

Direct earnings and turnaround news are crucial for evaluating FYBR’s recovery and future prospects. Such results can be pivotal by reshaping market perceptions, similar to historical turnaround successes in other sectors.

Why Long Term?

Turnaround efforts typically drive sustained improvements over time rather than just a short-term boost. The strategic recovery initiated post-2021 bankruptcy suggests ongoing benefits beyond immediate quarterly gains.

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TVZTMUS
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported fourth-quarter and full-year 2024 results today. Additional information about the year and the past four years of the company's turnaround can be found in its investor presentation here. "2024 was a landmark year for Frontier, marking the culmination of an ambitious turnaround that started when we emerged from bankruptcy in 2021,” said Nick Jeffery, President and Chief Executive Officer of Frontie.

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