---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-002627"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:52:07.580556+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shentel Q1 revenue up 27% to $87.9M; Adjusted EBITDA up 43% to $27.6M

## Summary
- Revenue rose 26.9% YoY to $87.9M, driven by $15.2M from acquired Horizon markets and 52% Glo Fiber revenue growth.
- Net loss from continuing ops widened to $9.1M vs $4.1M loss a year ago, due to higher D&A from Horizon and Glo Fiber expansion.
- Adjusted EBITDA grew 43.3% to $27.6M; excluding Horizon, EBITDA rose 20.6% and margin improved from 28% to 31%.
- Glo Fiber Expansion data subscribers increased 51% to ~71,000; total broadband homes passed reached ~604,000.
- Depreciation and amortization jumped 68.9% to $12.0M, reflecting Horizon asset base and Glo Fiber network build.

## SEC filing metadata
- accession: 0001171843-25-002627
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/354963/000117184325002627/0001171843-25-002627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184325002627/f8k_043025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-002627
- JSON: https://secwatch.observer/filing/0001171843-25-002627.json
- Plain text: https://secwatch.observer/filing/0001171843-25-002627.txt

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