WOW! Reports Fourth Quarter and Year End 2018 Results
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WideOpenWest (WOW) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 Revenue Guidance Below Consensus
March 7, 2019 7:05 AM ESTWideOpenWest (NYSE: WOW) reported Q4 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $290.8 million versus the consensus estimate of $292.57 million.
Full year Total Revenue of $1.154 billion; Net Loss of $(90.6) million; Net Loss Per Share of $(1.11)Full year Adjusted EBITDA of $409.7 million; Adjusted Diluted Earnings Per Share of $1.31Impact of Hurricane Michael resulted in Revenue credits of $5.4 million, EBITDA impact of $6.1 million, Subscriber impact of 2,600, and RGU impact of 4,400Adjusted to exclude the impact of Hurricane Michael, Transaction Adjusted EBITDA for the full year 2018 was... More