secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001171843-24-004498
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shentel Q2 revenue up 28.7% to $85.8M; net loss widens to $12.8M on Horizon acquisition costs
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- Revenue $85.8M, up 28.7% YoY; Horizon contributed $16.7M in revenue.
- Net loss from continuing ops $12.8M vs $1.4M loss in Q2 2023 on Horizon integration costs.
- Adjusted EBITDA $23.3M, up 19.7% YoY; Horizon contributed $3.7M.
- Glo Fiber added ~5,000 subscribers, total ~53,000; passings ~298,000.
- Completed Horizon acquisition for $385M ($305M cash + 4.1M shares) on April 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184324004498/0001171843-24-004498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184324004498/f8k_080624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004498

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