Shenandoah Telecom Co (SHEN) Misses Q2 EPS by 8c, Revenues Beat

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Shenandoah Telecommunications Company Reports Second Quarter 2022 Results

August 3, 2022 7:00 AM EDT

EDINBURG, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN) announced second quarter 2022 financial and operating results.

Second Quarter 2022 Highlights

Revenue grew 8.8% to $66.0 million over the same period a year ago driven by 138.9% and 4.3% growth in Glo Fiber and incumbent cable data RGUs, respectively.Glo Fiber data net adds were approximately 3,300, an increase of 103.2% over the second quarter 2021 and 38.9% over the first quarter 2022.Glo Fiber homes and businesses... More