Shenandoah Telecom Co (SHEN) Posts Q3 Loss of 16c/Share

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Shenandoah Telecommunications Company Reports Third Quarter 2016 Revenue Increased to $156.8 Million Due to Acquisition of nTelos

November 7, 2016 7:00 AM EST

EDINBURG, Va., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) announces financial and operating results for the three and nine months ended September 30, 2016.

Consolidated Third Quarter Results

For the quarter ended September 30, 2016, the Company reported total revenues of $156.8 million, an increase of 84.1% compared to $85.2 million for the 2015 third quarter.  All segments reported revenue increases, with the largest being due to the nTelos acquisition which was completed May 6, 2016.  The integration of nTelos... More