Shentel Q2 2025: Revenue up 3.2% to $88.6M, net loss narrows to $9.0M, Glo Fiber subs up 43%

SHENANDOAH TELECOMMUNICATIONS CO/VA/

2025-Q2 EPS reported -$0.38 revenue$176,466,000

Net loss from continuing operations $9.0M, improved from $12.8M loss in Q2 2024.
Adjusted EBITDA grew 21.9% to $28.4M; margin expanded to 32% from 27%.
Glo Fiber data subscribers rose 43.1% YoY to ~76,000; segment revenue up 40.5% to $19.8M.
Horizon Telcom cost synergies fully realized at $13.8M annual run-rate in Q2.
Depreciation up 37.2% due to network expansion and $4.2M write-off of plant assets.

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