earnings
confidence high
sentiment negative
materiality 0.65
Shentel Q1 net loss widens to $15.8M; Glo Fiber revenue +34.6% YoY; confirms guidance
SHENANDOAH TELECOMMUNICATIONS CO/VA/
2026-Q1 EPS reported
-$0.31
revenue$92,153,000
- Revenue $92.2M (+4.8% YoY); net loss $15.8M vs $9.1M prior year; adjusted EBITDA $31.7M (+15%).
- Glo Fiber expansion revenue $24.8M (+34.6%); added ~6,000 net new customer additions.
- Commercial Fiber revenue grew 4.7% to $20.6M; RLEC & Other revenue fell 13% to $5.7M.
- Reduction in force of ~10% of employees announced Feb 23; expects $12.3M annual savings from 2027.
- 2026 guidance reiterated: revenue $370-377M, adjusted EBITDA $131-136M, capex $220-250M net.