StockNews.AI
FYBR
StockNews.AI
426 days

Frontier to Report Third-Quarter 2024 Earnings on November 5, 2024

1. Frontier will report Q3 2024 results on November 5, 2024. 2. Verizon plans to acquire Frontier, affecting its future operations. 3. No conference call will be held for Q3 results due to the acquisition.

2m saved
Insight
Article

FAQ

Why Bullish?

The acquisition by Verizon suggests a premium valuation, supportive of FYBR's price.

How important is it?

The acquisition is pivotal, influencing both immediate and future performance of FYBR.

Why Long Term?

Acquisition impacts may stabilize FYBR's value over time, similar to past mergers.

Related Companies

VZ
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What’s happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced it will report its third-quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. (“Verizon”) and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the “transaction”). Due to the pending transaction, Frontier will not host a conference call to review the third quarter or provide a financial outlook. About Frontier Frontier (NASDAQ: FYBR) is the largest pure-play fiber provider in the U.S. Driven by our purpose, Building Gigabit America®, we deliver blazing-fast broadband connectivity that unlocks the potential of millions of consumers and businesses. For more information, visit www.frontier.com.

Related News