Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET
Company Participants
Jennifer Spaude - Senior Vice President, Investor Relations and Corporate Communications
Bob Udell - President and CEO
Steve Childers - Chief Financial Officer
Conference Call Participants
Greg Williams - Cowen
Ana Goshko - Bank of America
Joe Choi - FPA
Operator
Ladies and gentlemen, good morning. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Consolidated Communications Second Quarter Earnings Conference Call. Please be advise that today’s conference is being recorded and all lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions]
Thank you. And I will now turn the call over to Jennifer Spaude, Senior Vice President of Investor Relations and Corporate Communications. Jennifer, you may begin your conference.
Jennifer Spaude
Good morning. And thank you for joining the Consolidated Communications second quarter 2022 earnings call. We announced a material event yesterday afternoon with the sale of our wireless investments, and therefore, we are moving our earnings call up to speak to you all sooner.
Our earnings release, financial statements and presentation are all posted on the Investor Relations section of our website at consolidated.com. Please review the Safe Harbor provisions on slide two of the presentation.
Today’s discussion includes forward-looking statements about expected future events and financial results that involve risks and uncertainties that may cause actual results to differ materially from those expressed today. A discussion of factors that may affect future results is contained in Consolidated’s filings with the SEC.
In addition, during this call, we will refer to certain non-GAAP financial measures, which are defined and reconciled in our earnings presentation and press release.
With me today on the call are Bob Udell, our President and Chief Executive Officer; and Steve Childers, our Chief Financial Officer. Following their prepared remarks, we will open the call up for questions.
I’d now like to turn the call over to Bob Udell.
Bob Udell
Thank you, Jennifer, and good morning, everyone. I am excited to share second quarter results, which include a very -- a few very important milestones associated with our company transformation to a fiber broadband company.
First, in the second quarter, we delivered a record number of consumer fiber adds and turn net positive for broadband connections, offsetting DSL declines. This is an important milestone. Our build machine continues to execute well and produced a record 142,000 additional fiber passings constructed in the recent quarter.