secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001171843-22-002977
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shentel reports Q1 revenue up 7.9% to $64.4M, but EPS turns to $(0.01) loss
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- Revenue $64.4M (+7.9% YoY); loss from continuing ops of $(0.01)/share vs income $0.06 in Q1 2021.
- Broadband revenue grew 8.3% to $59.7M but operating income fell to $8.2M from $10.3M; Adj EBITDA down 5.4%.
- Glo Fiber added 2,400 net adds; passings grew to ~94,000, up 18,000 sequentially from Q4 2021.
- Tower revenue +3.9% to $4.8M, tenants up 5.6% to 468; Adj EBITDA flat at $3.2M.
- Capex $45.7M (up $6.2M YoY) mostly for Glo Fiber expansion; cash + revolver availability $454M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184322002977/0001171843-22-002977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184322002977/f8k_042822.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002977

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