---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002665"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:51:47.925086+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shentel Q1 revenue up 11.3% to $71.7M, net income $2.1M vs loss YoY; Glo Fiber adds surge

## Summary
- Revenue $71.7M (+11.3% YoY); net income $2.1M vs net loss $0.6M in Q1 2022; EPS $0.04 vs ($0.01).
- Broadband segment revenue $67.2M (+12.5%); Glo Fiber Markets revenue $7.0M (+104.7%).
- Consolidated Adjusted EBITDA $22.4M (+28.6%); Broadband Adjusted EBITDA $26.3M (+25.0%).
- Glo Fiber data net additions 4,507 (+87.3% YoY); total passings 165,058 (+71,447 YoY).
- T-Mobile disconnected 188 backhaul circuits in Q1; expects 174 more disconnects in 2023.

## SEC filing metadata
- accession: 0001171843-23-002665
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184323002665/0001171843-23-002665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184323002665/f8k_042723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002665
- JSON: https://secwatch.observer/filing/0001171843-23-002665.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002665.txt

## Key facts
- Earnings Releases
  SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported first quarter 2023 results: revenue $71.7 million, net income $2.1 million.
  - Period: first quarter 2023
  - Revenue: $71.7 million
  - Net income: $2.1 million
  - Result: reported results
  source text: First Quarter 2023 Highlights Glo Fiber Markets data net additions were 4,507 or 87.3% higher than the first quarter of 2022. Consolidated revenue grew 11.3% to $71.7 million compared to the first quarter of 2022. Glo Fiber Markets revenue grew 104.7% to $7.0 million and Broadband revenue grew 12.5% to $67.2 million over the same period. Consolidated net income was $2.1 million in the first quarter of 2023, compared with net loss of $0.6 million in the first quarter of 2022. Consolidated Adjusted EBITDA grew 28.6% to $22.4 million compared to the first quarter of 2022. Broadband Adjusted EBITDA grew 25.0% to $26.3 million over the same period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354963/000117184323002665/0001171843-23-002665-index.htm

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