Shenandoah Telecom Co (SHEN) Tops Q2 EPS by 3c
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Shenandoah Telecommunications Company Reports 22% Increase in Second Quarter 2015 Net Income to $10.5 Million
July 31, 2015 7:00 AM EDTEDINBURG, Va., July 31, 2015 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel") (NASDAQ: SHEN) announces financial and operating results for the three and six months ended June 30, 2015.
Consolidated Second Quarter Results
For the quarter ended June 30, 2015, net income was $10.5 million compared to $8.6 million in the second quarter of 2014 due to continued growth in the Wireless and Cable segments. Operating income was $18.8 million, up 18.7% from the same quarter last year.
Adjusted OIBDA (Operating Income Before Depreciation and Amortization) increased 12.7% to $37.2 million in the second quarter of 2015 from $33.0 million in the second quarter of 2014.... More
