In 2023, Frontier Communications' net income amounted to 29 million U.S. dollars. This represents a substantial decrease compared to the previous year, when they reported a net income of 441 million U.S. dollars.
Net income of Frontier Communications from 2012 to 2023
(in million U.S. dollars)
The source adds the following information: "Upon emergence from bankruptcy, we adopted fresh start accounting in accordance with ASC 852, Reorganizations. Under fresh start accounting rules that apply to us upon the Effective Date, our assets and liabilities have been adjusted to fair value and our accumulated deficit has been restated to zero. In addition, we have adopted certain accounting policy changes as part of fresh start accounting and such policies could result in material changes to our financial reporting and results."
*Non-GAAP combined.
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Frontier Communications. (February 23, 2024). Net income of Frontier Communications from 2012 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/691996/frontier-communications-net-income/
Frontier Communications. "Net income of Frontier Communications from 2012 to 2023 (in million U.S. dollars)." Chart. February 23, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/691996/frontier-communications-net-income/
Frontier Communications. (2024). Net income of Frontier Communications from 2012 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/691996/frontier-communications-net-income/
Frontier Communications. "Net Income of Frontier Communications from 2012 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/691996/frontier-communications-net-income/
Frontier Communications, Net income of Frontier Communications from 2012 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/691996/frontier-communications-net-income/ (last visited November 03, 2024)
Net income of Frontier Communications from 2012 to 2023 (in million U.S. dollars) [Graph], Frontier Communications, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/691996/frontier-communications-net-income/
