Shenandoah Telecommunications ( (SHEN) ) has released its Q3 earnings. Here is a breakdown of the information Shenandoah Telecommunications presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Shenandoah Telecommunications Company, commonly known as Shentel, provides broadband services through its extensive fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States. The company offers a range of services including broadband internet, video, voice, and managed network services.
In its third quarter of 2025 earnings report, Shentel highlighted significant growth in its Glo Fiber Expansion Markets, with revenue increasing by 41.1% compared to the same period in 2024. Despite this growth, the company reported a net loss from continuing operations of $9.4 million, an increase from the previous year’s loss of $5.3 million.
Key financial metrics from the report include a 2.5% increase in total revenue to $89.8 million and an 11.8% rise in Adjusted EBITDA to $29.7 million, with the Adjusted EBITDA margin expanding to 33%. The Glo Fiber Expansion Markets saw a notable increase in subscribers, contributing to the revenue growth, while the Incumbent Broadband Markets experienced a decline in video RGUs, impacting overall revenue.
Shentel’s strategic focus on expanding its fiber network is evident from the construction of 20,000 new Glo Fiber passings and the acquisition of additional fiber assets. However, the company faces challenges with increased interest expenses and a decline in certain market revenues.
Looking ahead, Shentel reiterates its financial guidance for 2025, aiming for continued growth in its fiber expansion initiatives while managing operational costs and navigating economic uncertainties.