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., Sept. 28, 2021 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced the expansion of high-speed Internet access to homes in Buckingham and Greene Counties through Beam, its new fixed wireless broadband service.

Shentel Expands its Beam Internet Service to New Canton, Virginia and Ruckersville, Virginia

EDINBURG, Va., Sept. 23, 2021 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced an agreement with Suffolk, VA to deploy their next-generation fiber-to-the-home (FTTH) network.

Suffolk to Become a Multi-Gigabit Community with Glo Fiber Expansion

EDINBURG, Va., Sept. 15, 2021 /PRNewswire/ --Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), today announced its plans to construct a fiber network in Carlisle, PA and offer service in the fourth quarter of 2021.

Shentel to Expand its Glo Fiber High-Speed Fiber Optic Network to Carlisle, PA.

EDINBURG, Va., Aug. 24, 2021 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), today announced the expansion of its fiber-optic network into Frederick County, VA for both residential and business customers.

Shentel Expands its Glo Fiber High-Speed Fiber Optic Network to Frederick County, VA.

EDINBURG, Va., Aug. 18, 2021 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced the expansion of high-speed Internet access to homes in Barbour, Orange and Page Counties through Beam, its new fixed wireless broadband service.

Shentel Expands its Beam Internet Service to Philippi, West Virginia, Barboursville, Virginia and Shenandoah, Virginia

Shenandoah Telecommunications Company (SHEN) CEO Chris French on Q2 2021 Results - Earnings Call Transcript

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of -94.03% and 0.90%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shenandoah Telecommunications (SHEN) Q2 Earnings Miss Estimates

EDINBURG, Va., July 29, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced second quarter 2021 financial and operating results.

Shenandoah Telecommunications Company Reports Second Quarter 2021 Results

Shenandoah Telecom (SHEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shenandoah Telecommunications (SHEN) Earnings Expected to Grow: What to Know Ahead of Q2 Release

EDINBURG, Va., July 21, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its second quarter 2021 financial results after the market closes on Thursday, July 29, 2021 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time on Friday July 30, 2021.

Shenandoah Telecommunications Company to Hold its Second Quarter 2021 Earnings Call at 8:00 a.m. on Friday, July 30, 2021.

EDINBURG, Va., July 15, 2021 /PRNewswire/ -- Shentel Business, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced today a new collaboration with York College of Pennsylvania to provide voice and fiber services across the college's three campuses, serving an estimated 5,000 students and faculty.

Shentel Business To Provide Internet And Voice Solutions To York College Of Pennsylvania

Raymond James analyst Ric Prentiss downgraded Shenandoah Telecommunications Co (NASDAQ: SHEN) to Underperform from Market Perform. The downgrade came after the stock price rose 24% over the past two trading days despite no change in the firm's opinion of the company's fundamental value.

Raymond James Downgrades Shenandoah To Underperform From Market Perform

EDINBURG, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) today issued a press release with the following letter to shareholders.

Shenandoah Telecommunications Company Issues Letter to Shareholders Regarding Special Dividend

EDINBURG, Va., July 02, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) declared a special dividend of $18.75 per share on the issued and outstanding shares of Shentel's common stock. The special dividend is payable on August 2, 2021 to shareholders of record as of the close of business on July 13, 2021. In accordance with NASDAQ rules, the ex-dividend date will be August 3, 2021, the first business day after the payment date.

Shenandoah Telecommunications Company Declares $18.75 per Share Special Dividend

EDINBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) announced today the closing of the previously announced sale of its Wireless assets and operations to T-Mobile USA, Inc. (“T-Mobile”). The Company received cash proceeds of $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint Corporation, an indirect subsidiary of T-Mobile (“Sprint”), and net of certain transaction expenses.

Shenandoah Telecommunications Company Completes Sale of its Wireless Assets and Operations to T-Mobile

EDINBURG, Va., June 23, 2021 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced the expansion of high-speed Internet access to Kents Store and Stanardsville, Virginia through Beam, its new fixed wireless broadband service.

Shentel Expands its Beam Internet Service to Kents Store and Stanardsville, Virginia

EDINBURG, Va., June 15, 2021 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), today announced availability of its fiber-optic network in the city of Lynchburg, Va.

Shentel Expands its Glo Fiber High-Speed Fiber Optic Network to Lynchburg, Va.

EDINBURG, Va., June 2, 2021 /PRNewswire/ -- Glo Fiber, a service brand powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), today announced availability of its fiber-optic network in the city of Roanoke, Va, to residential and business customers.

Shentel Expands its Glo Fiber High-Speed Fiber Optic Network to Roanoke, Va.

EDINBURG, Va., May 25, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ:SHEN) announced today that Edward “Ed” H. McKay will be appointed to the role of Executive Vice President and Chief Operating Officer. Mr. McKay will be responsible for the leadership of the Company's entire integrated broadband business, including Shentel Cable, Shentel Business, Glo Fiber and Beam brands, and the Company's tower portfolio.

Ed McKay appointed as Executive Vice President and Chief Operating Officer for Shenandoah Telecommunications Company

EVANSVILLE, Ind.--(BUSINESS WIRE)--MetroNet, Inc., today announced that Dave Heimbach will join the fast-growing company as President and Chief Operating Officer effective July 5, 2021.

MetroNet Names Dave Heimbach President and Chief Operating Officer

EDINBURG, Va., May 13, 2021 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced the expansion of high-speed internet access to New Canton, Mount Jackson and Dillwyn, Virginia through Beam, its new fixed wireless broadband service.

Shentel Expands its Beam Internet Service to New Canton, Mount Jackson and Dillwyn, Virginia

EDINBURG, Va., May 4, 2021 /PRNewswire/ -- Glo Fiber, a service brand powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), today announced availability of its fiber-optic network in the city of Salem, Va, to residential and business customers.

Shentel Expands its Glo Fiber High-Speed Fiber Optic Network to Salem, Va.

Shenandoah Telecommunications Company's (SHEN) CEO Christopher French on Q1 2021 Results - Earnings Call Transcript

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of -94.06% and 0.95%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Shenandoah Telecommunications (SHEN) Lags Q1 Earnings Estimates

EDINBURG, Va., April 22, 2021 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2021 financial results after the market closes on Thursday, April 29, 2021 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time on April 30, 2021.

News for Shenandoah Telecommunications Stock (SHEN)