secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001171843-23-002665
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184323002665/0001171843-23-002665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184323002665/f8k_042723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002665

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer