Strong Glo Fiber Growth
Glo Fiber revenues grew 40.5% year-over-year to $19.8 million, with 5,700 new subscribers and 16,000 new passings.
Commercial Fiber Business Success
Commercial fiber business achieved over $200,000 in monthly recurring revenue sales bookings, indicating strong future growth potential.
Record Fiber Construction
Engineering and construction team set a record by constructing over 500 new route miles of fiber in the quarter.
Positive Financial Metrics
Revenue grew 3.2% to $88.6 million, and adjusted EBITDA increased by 21.9% to $28.4 million, with EBITDA margins improving to 32.1%.
Guidance Initiation
2025 revenue guidance set at $352 million to $357 million, with adjusted EBITDA expected to be $113 million to $118 million.