Friday, February 7, 2014

Zayo Revenues Rise To $273.6M In Quarter

Boulder-based Zayo Group, the privately held provider of bandwidth and fiber, reported Thursday that it has revenues of $273.6M, but had a net loss of $36.3M for its quarter ending December 31, 2013. The company--which is unusual in that it is private but has been reporting its results as if it were a public company--said its revenue grew 14 percent over the previous quarter. The firm said that revenues rose mostly as a function of organic growth, with some contribution from acquisitions.