Frontier Communications Parent, Inc. (NASDAQ:FYBR) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET
Company Participants
Spencer Kurn - Head, IR
Nick Jeffery - President and CEO
Scott Beasley - CFO
Conference Call Participants
Jim Schneider - Goldman Sachs
Batya Levi - UBS
Jonathan Chaplin - New Street Research
Sam McHugh - BNP Paribas
Sebastiano Petti - JPMorgan
Greg Williams - TD Cowen
Michael Rollins - Citi
Shipra Pandey - Bank of America
Nick Del Deo - MoffettNathanson
Simon Flannery - Morgan Stanley
Frank Louthan - Raymond James
Peter Supino - Wolfe Research
Operator
Good morning. Thank you for attending today's Frontier Communications Second Quarter 2024 Earnings Call. My name is Cole, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]
I'd now like to turn it over to Spencer Kurn. Please go ahead.
Spencer Kurn
Good morning, and welcome to Frontier Communications second quarter 2024 earnings call. This is Spencer Kurn, Frontier's Head of Investor Relations and I'm joined on the call today by Nick Jeffery, our President and CEO; and Scott Beasley, our CFO. Today's presentation can be followed within the webcast available in the Events and Presentations section of our Investor Relations website.
Before we start, please see our Safe Harbor disclaimer on Slide 2. This is a reminder that this conference call may include forward-looking statements that involve risks and uncertainties that may cause actual results to differ materially from those expressed today. During the call, we may also refer to certain non-GAAP financial measures, which are defined and reconciled in our earnings materials.
With that I'll turn the call over to Nick.
Nick Jeffery
Thanks, Spencer. Good morning, everybody. I'm here with Scott, and I'm excited to share the highlights from our second quarter results.
As you saw in our press release this morning, we delivered another strong quarter of financial and operational results. We said that 2024 is the year that we would return to full year revenue growth, and we're proving this out quarter-after-quarter.
Q2 was our second consecutive quarter of revenue growth, and our fastest quarter of organic growth in more than a decade. This acceleration was driven by record fiber broadband net ads and strong ARPU growth. Combined with disciplined cost management, we delivered another quarter of solid mid-single-digit EBITDA growth, and further expanded our EBITDA margins.