Shenandoah Telecommunications Company Reports Third Quarter 2024 Results
Shenandoah Telecommunications Co (SHEN)
Last shenandoah telecommunications co earnings: 4/30 06:00 am
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Source: GlobeNewswire
EDINBURG, Va., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced third quarter 2024 financial and operating results. Third Quarter 2024 Highlights Glo Fiber Expansion Markets1 experienced growth in a number of key metrics: Added approximately 6,000 subscribers in the third quarter of 2024, ending the quarter with over 59,000 subscribers.Passings grew approximately 22,000 to a total of approximately 320,000.Revenue grew $5.8 million or 62% to $15.1 million compared to the same period in 2023. Excluding Horizon markets, revenue grew 56% over the same period in 2023. Integration of Horizon ahead of schedule and on track to exceed synergy targets. “We had a record quarter for Glo Fiber net additions and revenue driving top line revenue growth.” said President and CEO, Christopher E. French. “We made great progress with the integration of our Horizon acquisition, converting four of the six Horizon back-office
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SHEN
News
- Shenandoah Telecommunications (NASDAQ: SHEN) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $26.00 price target on the stock.MarketBeat
- Shenandoah Telecommunications (SHEN) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Shenandoah Telecommunications Co (SHEN) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Shenandoah Telecommunications Company to Hold its Third Quarter 2024 Earnings Call at 8:00 a.m. on Thursday, November 7, 2024.GlobeNewswire
- Shenandoah raises annual divided by 11.1% to $0.10/share [Seeking Alpha]Seeking Alpha
SHEN
Earnings
- 11/7/24 - Miss
SHEN
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 4
- 11/12/24 - Form 4
- SHEN's page on the SEC website