| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 92.15 | 4.8% |
| Total Income | 92.15 | 4.8% |
| Expenditure | 102.62 | 9.2% |
| PBT | -19.86 | 93.8% |
| Net Profit | -15.75 | 72.5% |
| OPM | -11.36% | 4.43pp |
| NPM | -17.09% | 6.70pp |
| EPS | -0.31 | 63.2% |
Shenandoah Telecommunications Reports Q1 2026 Results
03 May 2026 · 3 May, 5:17 pm
Summary
Shenandoah Telecommunications Company reported a 4.8% increase in total revenue, reaching $92.2 million for the first quarter of 2026. Glo Fiber Expansion Markets revenue experienced substantial growth, increasing by 34.6% year over year to $24.8 million. Adjusted EBITDA also saw a significant rise, growing 15.0% year over year to $31.7 million. The company reiterates its 2026 financial guidance, expecting total revenue between $370 million and $377 million and adjusted EBITDA between $131 million and $136 million.
Key Highlights
- 1
Glo Fiber Expansion Markets revenue grew 34.6% year over year to $24.8 million.
- 2
Total revenue increased 4.8% year over year to $92.2 million.
- 3
Adjusted EBITDA grew 15.0% year over year to $31.7 million.
- 4
The company had approximately 6,000 Glo Fiber net additions in the first quarter.
- 5
Commercial fiber revenue increased 4.7% in the first quarter of 2026.
- 6
Capital expenditures decreased by $7.4 million to $75.8 million for the three months ended March 31, 2026.
- 7
The company expects to save approximately $12.3 million annually beginning in 2027 due to a reduction in force.
Management Comments
Ed McKay
“We have excellent momentum in our fiber businesses, with approximately 6,000 Glo Fiber net additions and 4.7% commercial fiber revenue growth in the first quarter, driving strong Adjusted EBITDA growth of 15%,” “We remain on track to complete our Glo Fiber expansion in 2026 and achieve positive free cash flow in 2027.”
Informational and educational content only. Not investment advice.