Shenandoah Telecom Co (SHEN) Reports Q4 EPS of $1.21
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Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2017 Results
March 15, 2018 7:00 AM EDTEDINBURG, Va., March 15, 2018 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) announces financial and operating results for the three months and for the year ended December 31, 2017.
Consolidated Fourth Quarter 2017 Results
For the quarter ended December 31, 2017, the Company reported net income of $60.6 million, compared to a net loss of $0.2 million in the fourth quarter of 2016, representing an improvement of $60.8 million. This includes a one-time non-cash tax benefit of approximately $53.4 million in our net deferred tax liabilities as a result of the remeasurement of our deferred tax... More
