| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 93.46 | 1.4% | 5.5% |
| Total Income | 93.46 | 1.4% | 5.5% |
| Expenditure | 94.48 | 7.9% | 3.3% |
| PBT | -10.24 | 48.4% | 15.4% |
| Net Profit | -7.70 | 51.1% | 27.0% |
| OPM | -1.09% | 10.27pp | 9.20pp |
| NPM | -8.24% | 8.85pp | 3.67pp |
| EPS | -0.17 | 45.2% | 10.5% |
Shentel Reports Second Quarter 2026 Results
29 Jul 2026 · 29 Jul, 4:31 pm
Summary
Shenandoah Telecommunications Company reported second quarter 2026 results, with total revenue increasing 5.5% year over year to $93.5 million. The company saw a significant 32.8% increase in revenue from Glo Fiber Expansion Markets, reaching $26.3 million. Net loss narrowed to $7.7 million from $9.0 million in the prior year's second quarter, and Adjusted EBITDA grew 12.9% to $32.0 million. Management highlighted the addition of the 100,000th Glo Fiber customer and strong momentum in fiber businesses, which now constitute 51% of total revenue.
Key Highlights
- 1
Glo Fiber Expansion Markets revenue grew 32.8% year over year to $26.3 million.
- 2
Total revenue increased 5.5% year over year to $93.5 million.
- 3
Net loss improved to $7.7 million compared to $9.0 million in the second quarter of 2025.
- 4
Adjusted EBITDA grew 12.9% year over year to $32.0 million.
- 5
The Company added its 100,000th Glo Fiber customer and achieved a record 6,200 Glo Fiber net additions.
- 6
Fiber businesses now represent 51% of total revenue and delivered 21% year-over-year growth during the quarter.
Management Comments
Ed McKay
The second quarter marked several exciting milestones for Shentel. We added our 100,000th Glo Fiber customer and achieved a record 6,200 Glo Fiber net additions. Our fiber businesses continue to build strong momentum, now representing 51% of our total revenue and delivering 21% year-over-year growth during the quarter.
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