---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006982"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:45:25.605238+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shentel Q3 2022: revenue up 7.5% to $66.9M but EPS loss of $0.05; enters $21.1M spectrum sale

## Summary
- Revenue grew 7.5% to $66.9M; loss from continuing ops per share of $0.05 vs income $0.13 in Q3 2021.
- Glo Fiber data net adds ~4,000 (+90.1% YoY); total passings grew 16.4% sequentially to ~131,000.
- Agreed to sell certain spectrum licenses for ~$21.1M ($17.3M cash + $3.8M liabilities assumed); Beam ops to cease.
- Broadband Adjusted EBITDA flat at $22.2M; Tower Adjusted EBITDA grew 15.1% to $3.0M.
- Cash & equivalents $33M; total liquidity $408M; capex $132.4M for 9 months, up from $118.8M.

## SEC filing metadata
- accession: 0001171843-22-006982
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184322006982/0001171843-22-006982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184322006982/f8k_110122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006982
- JSON: https://secwatch.observer/filing/0001171843-22-006982.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006982.txt

## Key facts
- Earnings Releases
  SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported financial results for the three and nine months ended September 30, 2022.
  - Period: the three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 2, 2022, Shenandoah Telecommunications Company (the “Company”) issued a press release announcing its financial position as of September 30, 2022, results of operations for the three and nine months ended September 30, 2022, and other related information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354963/000117184322006982/0001171843-22-006982-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.