Vocus Communications Meets Lofty Expectations With a Solid Result and a Reassuring Progress Report
While the underlying financial performance of the core business and the recently acquired entities has been muddied by the changed segmental disclosure, Vocus Communications' threefold-plus jump in fiscal 2016 normalised EBITDA to AUD 215.6 million comfortably delivered on expectations. Key operating metrics remain on a strong growth trajectory (on-net buildings up 22% to 4,037, Australian broadband subscribers up 12% to 520,000, New Zealand broadband subscribers up 3% to 192,000), and we are co...Vocus Group is a telecommunications provider, providing telecommunications and other services to customers across Australia and New Zealand.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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