Friday, September 18, 2015

Zayo Quarterly Revenues Grow To $361.9M

Boulder-based Zayo Group reported its quarterly results this morning, saying that its quarterly revenues grew to $361.9M, a 25 percent growth over the prior quarter. According to Zayo, the growth in its revenues came from reduction in loss on debt extinguishments, a decrease in foreign currency loss, and positive net installations. Zayo is a provider of fiber bandwidth, colocation services, and other related services.