---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004867"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:16:09.011855+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shentel Q2 net income $1.8M vs loss; revenue +8.1%, Broadband EBITDA +18.4%

## Summary
- Consolidated net income $1.8M ($0.04 EPS) vs net loss $3.2M ($0.06 loss) in Q2 2022.
- Revenue $71.3M (+8.1% YoY); Broadband revenue $66.7M (+8.6%), Glo Fiber revenue $8.2M (+101.3%).
- Glo Fiber added ~4,000 subs; passings grew 70,342 to 182,847; penetration rose to 18% from 15%.
- Adjusted EBITDA $22.5M (+21.1% YoY); Broadband Adj. EBITDA $26.1M (+18.4%); margin 39% vs 36%.
- Capex $136.2M YTD for Glo Fiber build; expects to draw remaining $175M delayed term loans by year-end.

## SEC filing metadata
- accession: 0001171843-23-004867
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184323004867/0001171843-23-004867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184323004867/f8k_080123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004867
- JSON: https://secwatch.observer/filing/0001171843-23-004867.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004867.txt

## Key facts
- Earnings Releases
  SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported second quarter 2023 results: revenue $71.3 million, net income $1.8 million, EPS $0.04.
  - Period: second quarter 2023
  - Revenue: $71.3 million
  - Net income: $1.8 million
  - EPS: $0.04
  - Result: reported results
  source text: results. Second Quarter 2023 Highlights Glo Fiber Markets added approximately 4,000 subscribers; 20.7% higher than the second quarter of 2022. Consolidated revenue grew 8.1% to $71.3 million compared to the second quarter of 2022. Glo Fiber Markets revenue grew 101.3% to $8.2 million and Broadband revenue grew 8.6% to $66.7 million over the same period. Consolidated
  evidence_url: https://www.sec.gov/Archives/edgar/data/354963/000117184323004867/0001171843-23-004867-index.htm

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