Zayo Group Holdings reports financial results for the fourth fiscal quarter

Zayo Group Holdings, Inc. (NYSE: ZAYO), a global provider of Communications Infrastructure, has announced results for the three months ended June 30, 2017, the company said.

Fourth quarter operating income increased USD 14.7 million from the previous quarter primarily due to organic and acquisition related growth. Net income decreased by USD 3.8 million during the quarter. Basic and diluted net income per share during the quarter was USD 0.09. During the three months ended June 30, 2017, capital expenditures were USD 205.3 million.

As of June 30, 2017, the company had USD 220.7 million of cash and USD 442.2 million available under its revolving credit facility.

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world´s businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo´s 124,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.