Wideopenwest ( (WOW) ) has released its Q2 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, and phone services primarily in the Midwest and Southeast regions. Known for its efficient network, WOW! serves nearly 2 million residential, business, and wholesale consumers.
In its second-quarter 2025 earnings report, WOW! announced a total revenue of $144.2 million, reflecting a 9.2% decrease from the same period in 2024. The company reported a net loss of $17.8 million for the quarter, alongside an adjusted EBITDA of $70.3 million, which saw a slight increase from the previous year.
Key financial highlights include a decrease in total subscription revenue by 9.3%, primarily due to shifts in service offerings and a reduction in revenue-generating units (RGUs). Despite these challenges, the company achieved a record high-speed data (HSD) average revenue per unit (ARPU) due to rate increases. WOW! also expanded its market reach, passing an additional 15,500 homes in Greenfield markets, achieving a 16% penetration rate.
WOW!’s strategic focus on fiber-to-the-home expansion in Greenfield markets is driving growth, with the company passing a total of 91,100 homes in these areas. The company also reported a decrease in operating expenses, aligning with its strategy to reduce costs related to video services and invest in growth areas.
Looking ahead, WOW! remains committed to its expansion strategy and improving its financial performance. The company is poised to continue its focus on increasing penetration rates in new markets while managing costs effectively to support long-term growth.