secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001171843-23-006698
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184323006698/0001171843-23-006698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184323006698/f8k_110223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006698

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