secwatch.observer — SEC 8-K summary
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Issuer:     SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)
CIK:        0000354963
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001171843-25-002627
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354963/000117184325002627/0001171843-25-002627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354963/000117184325002627/f8k_043025.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002627

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