Shenandoah Telecommunications

Shenandoah Telecommunications Co. operates as a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the following segments: Broadband and Tower. The Broadband segment provides broadband, video and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, and Kentucky, via fiber optic and hybrid fiber coaxial (“HFC”) cable. The Tower segment leases space on 225 owned cell towers. The company was founded in 1902 and is headquartered in Edinburg, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Shenandoah Telecommunications (SHEN) excels in Q4 2022 with Glo Fiber expansion driving revenue growth

Shenandoah Telecommunications (SHEN) reported a strong performance in Q4 2022, with a focus on Glo Fiber expansion and revenue growth. While facing challenges like T-Mobile churn impact and labor availability, the company is well-positioned to capitalize on opportunities through capital spending and market expansion.

Shenandoah Telecommunications achieves record Q1 results amidst growth opportunities

Shenandoah Telecommunications demonstrated exceptional performance in Q1 2023, with record-breaking results in the Broadband segment and strong financial metrics across the board.
The company's focus on Glo Fiber's expansion, strategic investments in network infrastructure, and financial prudence position it well for sustained growth and value creation.
While facing challenges such as labor availability and ARPU dynamics, Shenandoah Telecommunications remains poised to capitalize on opportunities in expanding its fiber network and enhancing customer offerings.

Shenandoah Telecommunications (SHEN) excels in Q2 2023, eyes strategic growth

Shenandoah Telecommunications (SHEN) showcased robust performance in Q2 2023, capitalizing on Glo Fiber success and Broadband revenue growth. Addressing challenges in marketing strategies and profitability will be key for sustained growth.

Shenandoah Telecommunications reports robust Q3 performance amidst operational challenges

Shenandoah Telecommunications (SHEN) delivered a strong Q3 performance with growth in key segments and stable financial metrics.
Operational challenges like CapEx delays and utility-related construction issues require effective management and mitigation strategies.
Strategic opportunities in expanding Glo Fiber, optimizing financing options, and enhancing market penetration position the company for future growth.

Shentel reports robust 2023 results with Glo Fiber driving growth

Shentel's 2023 performance reflects strong growth driven by Glo Fiber expansion.
The company saw increases in consolidated revenues, adjusted EBITDA, and broadband revenue.
Challenges include managing the pending acquisition and integrating the broadband network.
Opportunities lie in the Horizon Telcom acquisition, Glo Fiber expansion, and government grant projects.

Shenandoah Telecommunications reports strong Q1 performance and growth opportunities

SHEN's Q1 2024 performance reflects strong revenue growth, improved EBITDA, and strategic acquisitions driving expansion and operational efficiencies.
The company's focus on network expansion, integration synergies, and customer growth positions it well for sustained profitability and market competitiveness.
While facing challenges in integration and market competition, SHEN's opportunities lie in leveraging network expansion, customer acquisitions, and revenue growth potential.

Shenandoah Telecommunications excels in Q2 with Glo Fiber expansion

Shenandoah Telecommunications delivered a strong performance in Q2 2024, driven by robust revenue growth and successful integration of Horizon Telecom.
The company's Glo Fiber expansion showcased promising metrics and strong sales momentum, indicating a positive market reception.
While facing challenges in a competitive landscape and managing leverage, Shenandoah Telecommunications has opportunities to leverage its strong liquidity position and expand further.

Shenandoah Telecommunications excels in Q3 with robust growth and strategic focus

Shenandoah Telecommunications delivered a strong Q3 performance with notable revenue growth, margin expansion, and operational achievements, reflecting strategic focus and market traction.
The company's strengths in Glo Fiber's growth, network expansion, and customer acquisition underscore its competitive positioning and growth potential in the telecommunications sector.
While facing challenges in managing seasonality, strategic alignment, and growth sustainability, Shenandoah has opportunities to optimize efficiencies, drive synergies, and capitalize on market trends for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shenandoah Telecommunications Co. is a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the Broadband and Tower segments. The Broadband segment provides broadband, video, and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, and Kentucky, via fiber optic and hybrid fiber coaxial (“HFC”) cable. The Tower segment leases space on 225 owned cell towers. The company was founded in 1902 and is headquartered in Edinburg, VA.

EDINBURG, Va. , Aug. 23, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced several neighborhoods in Shippensburg, Pennsylvania now have access to their future-proof, 100% fiber network.

Glo Fiber Brings Lightning Fast Fiber Optic Internet to Shippensburg, Pennsylvania

Expansion will bring internet speeds up to 5 Gbps to the heart of Fauquier County EDINBURG, Va. , Aug. 8, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to Warrenton, Virginia.

Glo Fiber Announces Expansion of its Fiber Network to Warrenton, Virginia

Shenandoah Telecommunications Company (NASDAQ:SHEN ) Q2 2023 Earnings Call Transcript August 2, 2023 8:30 AM ET Company Participants Kirk Andrews - Director of Financial Planning and Analysis Chris French - President and CEO Jim Volk - SVP of Finance and CFO Ed McKay - EVP and COO Conference Call Participants Frank Louthan - Raymond James Dan Day - B. Riley Hamed Khorsand - BWS Financial Operator Good morning, everyone.

Shenandoah Telecommunications Company (SHEN) Q2 2023 Earnings Call Transcript

Shenandoah Telecommunications (SHEN) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to break-even earnings per share a year ago.

Shenandoah Telecommunications (SHEN) Surpasses Q2 Earnings and Revenue Estimates

EDINBURG, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced second quarter 2023 financial and operating results.

Shenandoah Telecommunications Company Reports Second Quarter 2023 Results

EDINBURG, Va., July 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its second quarter 2023 financial results before the market opens on Wednesday, August 2, 2023, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel's financial results and business highlights.

Shenandoah Telecommunications Company to Hold its Second Quarter 2023 Earnings Call at 8:30 a.m. on Wednesday, August 2, 2023

EDINBURG, Va., July 18, 2023 (GLOBE NEWSWIRE) -- In response to recent media reporting, Shenandoah Telecommunications Company (Nasdaq: SHEN) has conducted an assessment of its communications network and confirmed that no lead-covered cables are deployed in the network.

Shenandoah Telecommunications Company confirms no lead-covered cables in network

Expansion will bring internet speeds up to 5 Gbps to Northwestern Lancaster County EDINBURG, Va. , July 13, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached an agreement with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to Mount Joy Borough, Pennsylvania.

Glo Fiber Announces Expansion of its Fiber Network to Mount Joy, Pennsylvania

Shenandoah Telecommunications has been experiencing a challenging period, with a drop in stock price from the low-to-mid $30s in 2021 to $15.88 at the end of 2022. In my opinion, maintaining fiber growth will be difficult due to increasing competition, particularly from Verizon and T-Mobile. Furthermore, Shentel's balance sheet is weak after years of underperformance. I believe investors should hold current positions due to the balanced upside and downside risk, but consider exiting if they have a low-risk or low-volatility tolerance.

Shenandoah Telecommunications Is Sending Mixed Signals

Shenandoah Telecommunications Company (SHEN) Q1 2023 Earnings Call Transcript.

Shenandoah Telecommunications Company (SHEN) Q1 2023 Earnings Call Transcript

Shenandoah Telecommunications (SHEN) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.01 per share a year ago.

Shenandoah Telecommunications (SHEN) Q1 Earnings and Revenues Surpass Estimates

EDINBURG, Va., April 28, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced first quarter 2023 financial and operating results.

Shenandoah Telecommunications Company Reports First Quarter 2023 Results

EDINBURG, Va., April 21, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2023 financial results before the market opens on Friday, April 28, 2023, and will host a conference call and simultaneous webcast on the same day at 8:00 a.m. Eastern Time to discuss Shentel's financial results and business highlights.

Shenandoah Telecommunications Company to Hold its First Quarter 2023 Earnings Call at 8:00 a.m. on Friday, April 28, 2023

Shenandoah Telecommunications: Risks, But Cheap, And Fiber Sales Growth.

Shenandoah Telecommunications: Risks, But Cheap, And Fiber Sales Growth

Bringing the fastest internet speeds on a 100% fiber optic network EDINBURG, Va. , April 4, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announces the launch of symmetrical 5 Gig fiber internet service across all of its markets.

Glo Fiber Launches 5 Gig Fiber Internet Service

Expansion will bring internet speeds up to 5 Gbps to State College Borough and Ferguson Township EDINBURG, Va. , March 15, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have reached agreements with municipal officials to deploy next generation fiber-to-the-home (FTTH) broadband services to State College Borough and Ferguson Township, located in Centre County, Pennsylvania.

Glo Fiber Announces Expansion of its Fiber Network to Centre County, Pennsylvania

Glo Fiber Business and Globalinx announce partnership that has regional impact EDINBURG, Va. , March 14, 2023 /PRNewswire/ -- Glo Fiber Business, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), is proud to announce a strategic partnership with Globalinx, a Tier-III data center in Virginia Beach that facilitates the secure interconnection of domestic fiber networks with subsea fiber cables for international communications.

Glo Fiber Business Preps for Economic Success of Virginia Businesses

Shenandoah Telecommunications Company (NASDAQ:SHEN ) Q4 2022 Earnings Conference Call February 22, 2023 8:30 AM ET Company Participants Kirk Andrews - Director, FP&A Christopher French - Chairman, President & CEO James Volk - SVP, Finance & CFO Edward McKay - EVP & COO Conference Call Participants Frank Louthan - Raymond James & Associates Daniel Day - B. Riley Securities Hamed Khorsand - BWS Financial Operator Good morning, everyone.

Shenandoah Telecommunications Company (SHEN) Q4 2022 Earnings Call Transcript

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of 0% and 3.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Shenandoah Telecommunications (SHEN) Reports Q4 Loss, Tops Revenue Estimates

EDINBURG, Va., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2022 financial and operating results.

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2022 Results

EDINBURG, Va., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2022 financial results before the market opens on Wednesday, February 22, 2023, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel's financial results and business highlights.

Shenandoah Telecommunications Company to Hold its Fourth Quarter and Full Year 2022 Earnings Call at 8:30 a.m. on Wednesday, February 22, 2023

Expansion will bring internet speeds up to 5 Gbps to the Award-Winning Planned Community EDINBURG, Va. , Feb. 2, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that they have formed a partnership with the Homeowner's Association of Ford's Colony to deploy next generation fiber-to-the-home (FTTH) broadband services to Ford's Colony residents.

Glo Fiber Announces Partnership with Ford's Colony at Williamsburg, VA

In the highly competitive broadband sector, Shenandoah Telecommunications is investing a lot of money with not a lot of upside potential. With so much spending in order to basically keep up with its competition, the question is when will it generate consistent and sustainable profits.

Shenandoah Telecommunications: Spending A Lot To Tread Water

New network will bring Multi-Gig symmetrical internet speeds to the City of Radford EDINBURG, Va. , Dec. 14, 2022 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced that they will upgrade their current network in Radford, Virginia with next-generation fiber-to-the-home (FTTH) broadband services.

Shentel Announces Fiber-to-the-Home Upgrade in Radford, VA

EDINBURG, Va., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, and Jim Volk, Chief Financial Officer, will present at the 2022 Raymond James Technology Investor Conference at the Lotte New York Palace on December 6, 2022 at 4:00 p.m. ET. Investors may access a live webcast of the presentation on Shentel's website at www.investor.shentel.com. The webcast will be available for replay for a limited time on Shentel's website following the presentation.

News for Shenandoah Telecommunications Stock (SHEN)