Udell

Consolidated Communications Announces Second Quarter Financial Results; Delivers 93% Growth in Consumer Fiber Net Adds

Retrieved on: 
Tuesday, August 8, 2023

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the second quarter of 2023.

Key Points: 
  • Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the second quarter of 2023.
  • “With an improved go-to-market strategy, we have great momentum, as evidenced by 18,651 consumer fiber net adds in the second quarter and nearly 7,000 overall consumer broadband net adds, representing 190% growth versus the first quarter,” said Bob Udell, president and chief executive officer at Consolidated.
  • Consumer fiber revenue was $29.6 million, up approximately 54% or 58% normalized1, driven by strong operating metrics including 18,651 consumer fiber net adds and increased ARPU of 5.1%.
  • Net loss per share was ($1.05) in the second quarter of 2023 as compared to ($0.10) in the second quarter of 2022.

Consolidated Communications Reports Record Consumer Fiber Broadband Net Adds and Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 2, 2023

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the first quarter of 2023.

Key Points: 
  • Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the first quarter of 2023.
  • “We added a record 12,337 consumer fiber broadband subscribers in the first quarter and achieved 60% growth year over year,” said Bob Udell, chief executive officer.
  • Consumer fiber revenue was $26.1 million, up approximately 52% or 56% normalized1, driven by strong operating metrics including 12,337 consumer fiber net adds and increased ARPU of 5.7%.
  • Net loss per share was ($0.42) in the first quarter of 2023 as compared to ($1.12) in the first quarter of 2022.

Consolidated Communications Hires Gaurav Juneja as President of Consumer Business

Retrieved on: 
Wednesday, February 1, 2023

Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, named Gaurav Juneja President of its consumer business unit.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, named Gaurav Juneja President of its consumer business unit.
  • As president, Juneja will lead Fidium’s consumer go-to-market strategy including: sales, marketing, end-user experience and support.
  • Juneja will play a vital role in driving the Company’s continued fiber expansion including where Fidium services will have the greatest impact for the Company as well as consumers.
  • View the full release here: https://www.businesswire.com/news/home/20230201005759/en/
    Consolidated Communications Hires Gaurav Juneja as President of Consumer Business (Photo: Business Wire)
    “Gaurav has a proven track record in the telecom industry with experience and success gaining significant market penetration and growing consumer fiber revenue,” said Bob Udell, President and Chief Executive officer at Consolidated.

Firms’ access to finance and the business cycle: evidence from the SAFE

Retrieved on: 
Monday, January 16, 2023

This box explores how financing gaps faced by euro area firms and these firms’ expectations about the future availability of finance relate to current and future macroeconomic outcomes.

Key Points: 
  • This box explores how financing gaps faced by euro area firms and these firms’ expectations about the future availability of finance relate to current and future macroeconomic outcomes.
  • A key question is the impact of changes in financing conditions and access to finance on firm-specific and aggregate growth.
  • The Survey on the Access to Finance of Enterprises (SAFE) provides detailed information about the financing conditions for euro area firms.
  • positive real GDP growth rates) has usually coincided with declining financing gaps for firms, as well as greater optimism on the part of firms about the future availability of bank loans.
  • The evolution of these indicators has in the past been influenced by the euro area business cycle as well as by the ECB’s monetary policy.
  • During the 2011-2013 sovereign debt crisis the financing gaps of euro area firms increased markedly, indicating the difficulties faced by firms in covering their external financing needs.
  • *However, despite the recent increases in the cost of borrowing, euro area firms were still not particularly concerned about access to finance (Chart A).
  • When financing gaps increase, firms tend to be more concerned about future access to finance, suggesting that changes in financing gaps matter for firms’ growth prospects (Chart C).
  • The SAFE measures business sentiment by asking firms to indicate to what extent they are concerned about access to finance.
  • Firm-level data is used to study the relationship between financing gaps and firms’ concerns about access to finance.
  • Chart C shows the correlation between the financing gaps and levels of concern regarding access to finance.
  • The positive correlation indicates that firms with large financing gaps perceive access to finance as a more pressing concern.

Consolidated Communications Announces CFO Transition

Retrieved on: 
Tuesday, November 29, 2022

Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced the appointment of Fred Graffam as executive vice president and chief financial officer effective Dec. 1, 2022.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced the appointment of Fred Graffam as executive vice president and chief financial officer effective Dec. 1, 2022.
  • After a distinguished career within the telecommunications industry, Steve Childers will transition from chief financial officer to an advisory role until Dec. 31, 2022 to ensure a smooth transition.
  • Im excited to join the Consolidated team at this important time in the Companys history, said Fred Graffam.
  • (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions.

Ameritas appoints Udell, Wieseler to key leadership positions

Retrieved on: 
Monday, November 7, 2022

LINCOLN, Neb., Nov. 7, 2022 /PRNewswire/ --Ameritas has announced Kelly Wieseler as the new executive vice president, group, and Tina Udell as the new senior vice president, chief investment officer, Ameritas, and Ameritas Investment Partners president and chief executive officer.

Key Points: 
  • LINCOLN, Neb., Nov. 7, 2022 /PRNewswire/ --Ameritas has announced Kelly Wieseler as the new executive vice president, group, and Tina Udell as the new senior vice president, chief investment officer, Ameritas, and Ameritas Investment Partners president and chief executive officer.
  • Ameritas has announced that Kelly Wieseler and Tina Udell will be promoted to key leadership positions.
  • Wieseler began his career at the company in 1997 as an actuarial associate and has held key position throughout his time in the organization.
  • Ameritas is a marketing name for Ameritas Mutual Holding Company and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York.

Nerdy Announces Appointment of Stuart Udell, Accomplished EdTech Executive, to Its Board of Directors

Retrieved on: 
Thursday, August 11, 2022

Udell brings extensive Education industry experience to the board, including previous CEO roles at Achieve3000, K12 Inc. (now Stride, Inc.), Catapult Learning, and Penn Foster.

Key Points: 
  • Udell brings extensive Education industry experience to the board, including previous CEO roles at Achieve3000, K12 Inc. (now Stride, Inc.), Catapult Learning, and Penn Foster.
  • View the full release here: https://www.businesswire.com/news/home/20220811005246/en/
    Nerdy announces appointment of Stuart Udell, accomplished EdTech executive, to its Board of Directors.
  • Ive gotten to know Chuck and the leadership team at Nerdy, and have been impressed by their strategy and vision, said Udell.
  • Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology.

Two IFF Health Ingredients Certified by Upcycled Certified™ Program

Retrieved on: 
Monday, July 18, 2022

After undergoing a lengthy evaluation and approval process, two IFF Health ingredients Go-Less Men and SoyLife Complex have been certified by the Program.

Key Points: 
  • After undergoing a lengthy evaluation and approval process, two IFF Health ingredients Go-Less Men and SoyLife Complex have been certified by the Program.
  • "With 30 percent of food wasted globally, we're working diligently to reduce food waste and provide customers with eco-friendly health ingredients that also meet market demand," said Stephanie Udell, global marketing leader, IFF.
  • As the demand for sustainable products increases, IFF continues to reassess applications for side-stream materials from manufacturing, food waste-reduction and new upcycled ingredients.
  • IFF, the IFF Logo, and all trademarks and service marks denoted with , SM or are owned by IFF or affiliates of IFF unless otherwise noted.

Calliditas promotes Andrew Udell to President, North America

Retrieved on: 
Monday, May 3, 2021

b'STOCKHOLM, May 3, 2021 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT)(Nasdaq Stockholm: CALTX)("Calliditas") today announced that former Head of North America Commercial, Andrew Udell, has been promoted to President, North America, effective immediately.\n"Andrew has been instrumental in the growth of the US operations over the last 12 months and has done a great job of creating a strong connection between the US and European teams throughout this period of high growth.

Key Points: 
  • b'STOCKHOLM, May 3, 2021 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT)(Nasdaq Stockholm: CALTX)("Calliditas") today announced that former Head of North America Commercial, Andrew Udell, has been promoted to President, North America, effective immediately.\n"Andrew has been instrumental in the growth of the US operations over the last 12 months and has done a great job of creating a strong connection between the US and European teams throughout this period of high growth.
  • He is an experienced leader, and I am delighted to continue to work with him in this new role," said CEO Renee Aguiar-Lucander.\nIn his new role, Mr. Udell will oversee all of Calliditas\' US related activities, with direct reports including sales, marketing and market access.
  • Subject to approval by the FDA, Calliditas intends to commercialize Nefecon for IgA nephropathy on its own in the United States.\nTel.
  • Calliditas is listed on Nasdaq Stockholm (ticker: CALTX) and the Nasdaq Global Select Market (ticker: CALT).

Calliditas promotes Andrew Udell to President, North America

Retrieved on: 
Monday, May 3, 2021

b'STOCKHOLM, May 3, 2021 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT)(Nasdaq Stockholm: CALTX)("Calliditas") today announced that former Head of North America Commercial, Andrew Udell, has been promoted to President, North America, effective immediately.\n"Andrew has been instrumental in the growth of the US operations over the last 12 months and has done a great job of creating a strong connection between the US and European teams throughout this period of high growth.

Key Points: 
  • b'STOCKHOLM, May 3, 2021 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT)(Nasdaq Stockholm: CALTX)("Calliditas") today announced that former Head of North America Commercial, Andrew Udell, has been promoted to President, North America, effective immediately.\n"Andrew has been instrumental in the growth of the US operations over the last 12 months and has done a great job of creating a strong connection between the US and European teams throughout this period of high growth.
  • He is an experienced leader, and I am delighted to continue to work with him in this new role," said CEO Renee Aguiar-Lucander.\nIn his new role, Mr. Udell will oversee all of Calliditas\' US related activities, with direct reports including sales, marketing and market access.
  • Subject to approval by the FDA, Calliditas intends to commercialize Nefecon for IgA nephropathy on its own in the United States.\nTel.
  • Calliditas is listed on Nasdaq Stockholm (ticker: CALTX) and the Nasdaq Global Select Market (ticker: CALT).