WideOpenWest (NYSE: WOW) reported Q4 EPS of $0.14, $0.06 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $283.5 million versus the consensus estimate of $284.14 million.

"I am encouraged by our 2019 operating results," said Teresa Elder, chief executive officer of WOW! "Our business is rapidly evolving as more customers access content where, when, and how they choose and enjoy more choices than ever before as to how their entertainment is delivered. In 2020, WOW! is positioning itself to continue to grow its broadband business by improving the value proposition of our HSD services and accelerating the transformation of our network to all IP. We are shifting our emphasis away from linear video delivery and helping consumers embrace streaming video services."

"WOW! grew 2019 Transaction Adjusted EBITDA 3.8% to $431.5 million," said Rich Fish, chief financial officer of WOW! "As we accelerate our transition to an HSD-centric service provider, we expect to offset potential declines in revenue associated with anticipated low margin video losses with higher margin growth in HSD RGUs and revenue. The near-term impact should lead to flat Transaction Adjusted EBITDA in 2020."

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