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WideOpenWest (WOW) Tops Q2 EPS by 20c, Revenues Beat

August 9, 2018 4:19 PM

WideOpenWest (NYSE: WOW) reported Q2 EPS of $0.39, $0.20 better than the analyst estimate of $0.19. Revenue for the quarter came in at $291.3 million versus the consensus estimate of $290.38 million.

“I am heartened by the continued efforts throughout the Company to execute on our vision,” said Teresa Elder, chief executive officer of WOW! “WOW! achieved its second consecutive quarter of positive organic HSD RGU growth in the face of second quarter seasonality and our rate increase which was implemented at the beginning of the quarter. The impact of our investments in customer care are showing in continued churn improvement. The launch of Whole Home WiFi and the re-release of our wowway.com website are substantial milestones to drive the growth trajectory of our business.”

“Adjusted EBITDA for the second quarter was in-line with our expectations,” said Rich Fish, chief financial officer of WOW! “The second quarter results were the best second quarter performance in multiple years for total RGU and RGU segment net additions and demonstrate that WOW! can successfully win, and retain, customer relationships in our footprint.”

For earnings history and earnings-related data on WideOpenWest (WOW) click here.

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