India, July 30 -- On Thursday, Uniti Group, Inc. (UNIT), a real estate company, reported wider loss for the second quarter, reflecting higher costs, despite improved revenue. Further, the company raised its outlook for fiscal 2026.
On the Nasdaq, the shares were trading 3.18 percent lower at $10.04.
Net loss attributable to common shareholders widened to $171.6 million, from $10.7 million in the same quarter previous year. Loss per share for the period was $0.68, wider than loss per share of $0.07 in the prior year.
Total costs and expenses rose to $877.5 million, from 155.7 million last year.
Adjusted EBITDA increased to $357.1 million, from $242.5 million in the previous year.
Total revenues and sales grew to $909.7 million, from $30...