Shenandoah Telecommunications Company Reports Third Quarter 2015 Net Income of $8.0 Million, Adjusted OIBDA Up 10.7%

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Shenandoah Telecom Co (SHEN) Subscriber Growth Drives Revenue; FBR Capital Reiterates Outperform

November 2, 2015 9:51 AM EST

FBR Capital reiterated an Outperform rating and $40.00 price target on Shenandoah Telecommunications (NASDAQ: SHEN) following the company's 3Q earnings report. 3Q revenues increased 3.6% YOY to $85.2M, compared to consensus of $87.2M, driven by subscriber growth in the wireless and RGU growth in cable.

Analyst David Dixon commented, "Shenandoah Telecommunications Co. (Shentel) continues to execute and... More

Shenandoah Telecom (SHEN) Posts Q3 EPS of 33c

October 30, 2015 7:21 AM EDT

Shenandoah Telecom (NASDAQ: SHEN) reported Q3 EPS of $0.33, $0.09 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $85.2 million versus the consensus estimate of $87.29 million.

Adjusted OIBDA (Operating Income Before Depreciation and Amortization) increased 10.7% to $36.8 million in the third quarter... More