Consolidated Communications Holdings

Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin on August 10, 1894 and is headquartered in Mattoon, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Consolidated Communications excels in fiber expansion, faces EBITDA challenges

Consolidated Communications is making significant strides in its transformation to a leading fiber broadband provider, with a strong focus on expanding fiber coverage and growing the customer base. While facing challenges such as EBITDA reduction and revenue uncertainty, the company is optimistic about growth opportunities through strategic priorities and government funding support.

Consolidated Communications reports strong Q1 performance driven by fiber growth

Consolidated Communications Holdings demonstrated strong performance in Q1 with notable achievements in consumer broadband and revenue growth.
While facing challenges in revenue diversification and commercial segment performance, the company's focus on fiber technology and sustainability presents opportunities for future growth.
With a strategic emphasis on fiber build and digital transformation, CNSL is well-positioned to capitalize on market trends and drive long-term success.
Management's commitment to transparency and growth, coupled with positive customer metrics, underpin CNSL's optimistic outlook for the future.

Consolidated Communications reports strong Q2 performance and growth opportunities

Consolidated Communications delivered a robust performance in Q2 driven by consumer fiber and broadband growth.
While facing challenges in commercial revenue decline, the company is proactively managing costs and focusing on expansion.
Opportunities lie in EBITDA growth targets, fiber network expansion, government partnerships, and consumer revenue enhancement.
Maintaining financial stability and strategic growth initiatives position the company well for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin in 1894 and is headquartered in Mattoon, IL.

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Reports Fourth Quarter Results; Strong operational performance delivered consistent Revenue and increased Adjusted EBITDA

Consolidated Communications Reports Fourth Quarter and Full Year 2020 Results

MANCHESTER, N.H.--(BUSINESS WIRE)--Consolidated Communications completed building high-speed, FTTP Internet networks in three N.H. towns with two other town networks nearly complete.

New, Fiber Internet Networks Turned Up in Three N.H. Towns; Network Builds in Two Other Towns Nearing Completion

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL), a leading broadband and business communications provider, announced today that Bob Udell, president and chief executive officer, and Steve Childers, chief financial officer, will participate in the Morgan Stanley Technology, Media & Telecom Virtual Conference on March 1. Consolidated will participate in a virtual fireside chat at 11:45 a.m. ET and host one-to-one meetings with investors at the confere

Consolidated Communications to Participate in the Morgan Stanley Technology, Media & Telecom Conference

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications to Release Fourth-Quarter Earnings on Feb. 25

Consolidated Communications to Release Fourth-Quarter Earnings on Feb. 25

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) today announced it has secured and closed on an incremental $150 million term loan that is fungible with the Company's existing First Lien Term Loan B with maturities due October 2027. The terms of the incremental term loan facility are substantially similar to those relating to the Company's existing term loan facility, except with respect to issue price. The loans under the incremental term loan facility bear interest

Consolidated Communications Secures Incremental Term Loan Financing of $150 million

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communication's award-winning ProConnect enables transportation logistics company to quickly adopt remote work during pandemic.

Consolidated Communications' Award-Winning ProConnect Enables Transportation Logistics Company to Quickly Adopt Remote Work During Pandemic

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications' ProConnect was named a recipient of the 2020 Unified Communications Excellence Award by INTERNET TELEPHONY magazine.

Consolidated Communications Awarded 2020 Unified Communications Excellence Award

MATTOON, Ill., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL), a leading broadband and business communications provider, today announced that Bob Udell, president and chief executive officer, will present at the Citi 2021 Global TMT West Virtual Conference on Wednesday, Jan. 6 at 3 p.m. ET. Consolidated will also host one-to-one meetings at the conference.

Consolidated Communications to Present at Citi's 2021 Global TMT West Conference

More than 2,000 Danbury, Errol, Mason and Springfield residents and businesses to benefit from advanced broadband services More than 2,000 Danbury, Errol, Mason and Springfield residents and businesses to benefit from advanced broadband services

Consolidated Communications Completes Broadband Network Upgrades in Four New Hampshire Towns

Company begins fiber builds to extend fiber coverage to at least 70 percent of its service area within five years Company begins fiber builds to extend fiber coverage to at least 70 percent of its service area within five years

Consolidated Communications Announces Plan to Accelerate Transformational Fiber Builds by Enabling 1 Gig Speeds to an Additional 300,000 Homes and Businesses in 2021

Support for technology-focused initiatives available to schools across company's service area Support for technology-focused initiatives available to schools across company's service area

Consolidated Communications Reinforces Commitment to Communities with Launch of New Educational Grant Program

MATTOON, Ill., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL), a leading broadband and business communications provider, today announced that Bob Udell, president and chief executive officer, will present at the Wells Fargo TMT Summit on Tuesday, Dec. 1 at 8:40 a.m. ET. Consolidated will also host one-to-one meetings.

Consolidated Communications to Present at the Wells Fargo TMT Summit

Alaska Communications Systems Group, Inc.

Altice USA

Cincinnati Bell

Charter Communications

Lumen Technologies

Otelco

Shenandoah Telecommunications

Telephone and Data Systems

Uniti Group

Earlier this month, Alaska Communications accepted a roughly $300 million all-cash takeover bid from a joint venture of Macquarie Capital and GCM Grosvenor. At $3 per share, that's a massive premium of 60 percent plus to the fiber broadband company's pre-deal trading range.

Telephone And Data Systems: The Next M&A Target

Consolidated Communications Holdings, Inc. (CNSL) CEO Bob Udell on Q3 2020 Results - Earnings Call Transcript

S table and improved Adjusted EBITDA and revenue trends reflecting resiliency of the business 

Consolidated Communications Reports Third Quarter 2020 Results

CACI

Keurig Dr Pepper Inc

Mettler-Toledo

After a losing streak of three straight days, stocks rose sharply based on good vaccine news and strong retail data. For investors looking to make sense of these unprecedented times, our deep learning algorithms have crunched the data to give you a set of Top Buys.

Top Stocks To Buy Today As Markets Jump After Three Consecutive Down Days

Company offering cybersecurity assessments and education to keep businesses and consumers safe online Company offering cybersecurity assessments and education to keep businesses and consumers safe online

Consolidated Communications Joins the National Cybersecurity Alliance in Raising Awareness During Cybersecurity Month

Cloud-based apps provide mobile productivity, collaboration and connectivity for any size business; include Microsoft Teams Cloud-based apps provide mobile productivity, collaboration and connectivity for any size business; include Microsoft Teams

Consolidated Communications Expands Launch of Microsoft Productivity Suite to Entire Service Area

MATTOON, Ill., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications (NASDAQ: CNSL) (the “Company”) announced today that it has completed the first stage of its previously disclosed investment transaction (the “Investment”) with an affiliate of Searchlight Capital Partners, L.P. (“Searchlight”) and the refinancing of its remaining outstanding debt. In connection with the Investment, affiliates of Searchlight have committed to invest up to an aggregate of $425 million in the Company and the initial $350 million of the Investment was completed today.

Consolidated Communications Closes on Stage One of Searchlight Capital Partners’ Investment of $350 million and Completes Debt Refinancing, Positioning the Company for Long-term Growth as a Leading Fiber Broadband Provider

Company expands next-gen, easy-to-use TV service during coronavirus pandemic, delivering on-demand content, anytime while customers continue to spend more time at home Company expands next-gen, easy-to-use TV service during coronavirus pandemic, delivering on-demand content, anytime while customers continue to spend more time at home

Consolidated Communications Introduces CCiTV to California and Illinois

MATTOON, Ill., Sept.  28, 2020  (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL), a leading broadband and business communications provider, will participate at Deutsche Bank’s 28th Annual Leveraged Finance Conference. The conference will be held virtually Oct. 5-6 with a one-on-one meeting format.

Consolidated Communications to Participate at Deutsche Bank’s 28th Annual Leveraged Finance Conference

Partnership will result in simplified ordering and fulfillment for business customers Partnership will result in simplified ordering and fulfillment for business customers

Consolidated Communications Partners with Pax8, the Leader in Cloud Distribution, to Enhance its Cloud Services

New FiberConnect and BizConnect plans enable small businesses to lock in savings without data limits. New FiberConnect and BizConnect plans enable small businesses to lock in savings without data limits.

Consolidated Communications Introduces Affordable Broadband Plans with No Data Limits for Small and Medium-sized Businesses

Searchlight commits to strategic investment of $425 million to accelerate growth

Consolidated Communications Announces Strategic Investment from Searchlight Capital Partners; Initiates Refinancing

New Fiber-to-the-Premises networks underway in Walpole, Dublin, Westmoreland, Rindge and Harrisville, N.H., enable faster, more reliable connectivity New Fiber-to-the-Premises networks underway in Walpole, Dublin, Westmoreland, Rindge and Harrisville, N.H., enable faster, more reliable connectivity

News for Consolidated Communications Holdings Stock (CNSL)