Zayo Group beats analyst expectations on Q4 revenue
BOULDER — Zayo Group Holdings Inc. (NYSE: ZAYO) posted fourth-quarter earnings of 18 cents per share.
The Boulder-based telecom company grew its revenue 3 percent year-over-year to $657.6 million, beating analyst expectations by $1.66 million.
Net income for the quarter was $43.8 million, nearly double what the company made in the fourth quarter of 2017, $23.2 million.
The company’s net income for the year was $101.9 million, up from $85.7 million in 2017. Earnings per share for 2018 were 41 cents, up from 35 cents per share in 2017. Revenue for the year…
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