secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001171843-22-005269
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shentel Q2 revenue up 8.8% to $66M; net loss $3.2M on Beam impairment
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- Net loss from continuing ops $3.2M vs income $1.6M YoY; adjusted EBITDA up 16.4% to $18.6M.
- Glo Fiber data net adds ~3,300 (up 103% YoY); passings grew 20% sequentially to ~113,000.
- Recorded $4.5M in impairment/restructuring charges from decommissioning 20 Beam fixed wireless sites.
- Total liquidity of $433.3M; expects to draw remaining $275M term loans by June 2023.
- Broadband revenue up 9.2% to $61.4M; tower revenue flat at $2.9M EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184322005269/0001171843-22-005269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184322005269/f8k_080222.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005269

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