The earnings call highlighted strong growth in Glo Fiber subscribers and revenues, successful commercial fiber sales, and record-breaking fiber construction. Despite these positive trends, there were some challenges, including declines in incumbent broadband and commercial fiber revenues, and a shift away from traditional video services. Overall, the company is executing well on its fiber-first strategy, with positive expectations for future growth.

Company Guidance -

Q3 2025

During the Shenandoah Telecommunications Second Quarter 2025 Earnings Conference Call, significant guidance was provided for the company's financial outlook and strategic initiatives. The company reported a revenue growth of 3.2% to $88.6 million, driven by a substantial 40.5% increase in Glo Fiber markets revenue. Adjusted EBITDA rose by 21.9% to $28.4 million, with margins improving to 32.1%. The company initiated annual guidance, projecting 2025 revenues between $352 million and $357 million, and adjusted EBITDA between $113 million and $118 million. Capital expenditures, net of grant reimbursements, are expected to range from $260 million to $290 million, marking an 8.3% decline from previous expectations. The call also highlighted the addition of 5,700 new Glo Fiber subscribers and the construction of over 500 new route miles of fiber, signaling continued momentum in their fiber-first growth strategy. The discussion emphasized the strategic decision to pull forward certain capital investments from 2026 to 2025, enhancing future revenue potential through accelerated network expansion.

Glo Fiber Subscriber and Revenue Growth

Added 5,700 new Glo Fiber subscribers and over 16,000 new Glo Fiber passings. Glo Fiber revenues grew 40.5% to $19.8 million compared to the same period in 2024.

Commercial Fiber Sales Success

Achieved over $200,000 in monthly recurring revenue sales bookings in the commercial fiber business, indicating strong future growth potential.

Record Construction Performance

Constructed over 500 new route miles of fiber during the second quarter, setting a new company record.

Strong Financial Metrics

Revenue grew by 3.2% to $88.6 million, with adjusted EBITDA growing by 21.9% to $28.4 million, showing strong operational efficiency.

New Agreement with National Wireless Carrier

Secured a new agreement that combines legacy Shentel and Horizon backhaul circuits under one service level agreement, securing long-term revenue commitments.

Shenandoah Telecommunications Co (SHEN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SHEN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 07, 2025	2025 (Q3)	-0.19 / -	-0.13	―	―	―
Jul 31, 2025	2025 (Q2)	-0.20 / -0.19	-0.24	20.83% (+0.05)
Apr 30, 2025	2025 (Q1)	-0.15 / -0.19	-0.08	-137.50% (-0.11)
Feb 20, 2025	2024 (Q4)	-0.13 / -0.11	0.05	-320.00% (-0.16)
Nov 07, 2024	2024 (Q3)	-0.07 / -0.13	0.03	-533.33% (-0.16)
Aug 07, 2024	2024 (Q2)	0.01 / -0.24	0.04	-700.00% (-0.28)
May 03, 2024	2024 (Q1)	-0.02 / -0.08	0.04	-300.00% (-0.12)
Feb 21, 2024	2023 (Q4)	-0.01 / 0.05	-0.04	225.00% (+0.09)
Nov 03, 2023	2023 (Q3)	-0.01 / 0.03	-0.05	160.00% (+0.08)
Aug 02, 2023	2023 (Q2)	-0.02 / 0.04	-0.06	166.67% (+0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SHEN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$14.68	$13.24	-9.81%
Apr 30, 2025	$13.02	$11.14	-14.44%
Feb 20, 2025	$11.82	$10.62	-10.15%
Nov 07, 2024	$15.58	$12.89	-17.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Shenandoah Telecommunications Co (SHEN) report earnings?

Shenandoah Telecommunications Co (SHEN) is schdueled to report earning on Nov 07, 2025, Before Open (Confirmed).

What is Shenandoah Telecommunications Co (SHEN) earnings time?

Shenandoah Telecommunications Co (SHEN) earnings time is at Nov 07, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SHEN EPS forecast?

SHEN EPS forecast for the fiscal quarter 2025 (Q3) is -0.19.

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