---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006698"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:48:53.539335+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shentel Q3 revenue $71.8M (+7.3% YoY); net income $1.6M vs loss; Glo Fiber adds 4,500 subs

## Summary
- Consolidated revenue grew 7.3% to $71.8M; net income $1.6M ($0.03 EPS) vs net loss of $2.7M.
- Consolidated Adjusted EBITDA grew 20.5% to $22.9M; Broadband segment EBITDA up 19.4% to $26.6M.
- Glo Fiber Markets reached 202,654 passings; added ~4,500 subscribers (+13.9% YoY).
- Glo Fiber Markets revenue grew 90.5% to $9.3M; Broadband revenue up 8.1% to $67.4M.
- Company referenced planned Horizon Telcom acquisition ($385M) and expects to draw $150M delayed term loans.

## SEC filing metadata
- accession: 0001171843-23-006698
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/354963/000117184323006698/0001171843-23-006698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184323006698/f8k_110223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006698
- JSON: https://secwatch.observer/filing/0001171843-23-006698.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006698.txt

## Key facts
- Earnings Releases
  SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported the three and nine months ended September 30, 2023 results: revenue $71.8 million, net income $1.6 million, EPS $0.03.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $71.8 million
  - Net income: $1.6 million
  - EPS: $0.03
  - Result: reported results
  source text: Fiber Markets added approximately 4,500 subscribers; 13.9% higher than the third quarter of 2022 and 12.5% higher than the second quarter 2023. Consolidated revenue grew 7.3% to $71.8 million compared to the third quarter of 2022. Glo Fiber Markets revenue grew 90.5% to $9.3 million and Broadband revenue grew 8.1% to $67.4 million over the same period. Consolidated
  evidence_url: https://www.sec.gov/Archives/edgar/data/354963/000117184323006698/0001171843-23-006698-index.htm

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