Wideopenwest ( (WOW) ) has released its Q1 earnings. Here is a breakdown of the information Wideopenwest presented to its investors.
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WideOpenWest, Inc. (WOW!) is a leading broadband provider in the United States, offering high-speed internet, cable TV, phone, and business data services across 18 markets primarily in the Midwest and Southeast.
In its first quarter of 2025, WOW! reported a total revenue of $150 million, marking a 7.1% decrease from the same period in 2024. Despite this decline, the company achieved an adjusted EBITDA of $76.7 million, reflecting a significant 13.8% increase year-over-year, driven by effective cost management and strategic investments.
Key financial metrics from the report include a net loss of $13.9 million, a reduction in total subscribers by 5% to 473,800, and a 16.3% penetration rate in Greenfield markets. The company also passed 13,700 new homes in these markets, contributing to a total of 75,600 homes passed.
Looking ahead, WOW! remains focused on expanding its market presence and improving operational efficiency. The management’s confidence in their strategic direction is underscored by the growth in adjusted EBITDA and continued investment in both Greenfield and legacy markets.