EDINBURG, Va., April 21, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2025 financial results before the market opens on Wednesday, April 30, 2025, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel’s financial results and business highlights. Date: April 30, 2025Time: 8:30 AM ET Listen via Internet: https://investor.shentel.com/ For Analysts, please register to dial-in ...

EDINBURG, Va., April 09, 2025 (GLOBE NEWSWIRE) -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement to deploy fiber-to-the-home (FTTH) broadband services to Dover Township and Dover Borough in York County, Pennsylvania. Glo Fiber will bring their future-proof, 100% fiber network to approximately 7,000 homes and businesses in the area, adding to the 23,000 homes and businesses throughout the County with Glo Fiber service already a ...

EDINBURG, Va., April 08, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel") (NASDAQ:SHEN), a leading provider of broadband services, recently extended high-speed, gigabit internet service to approximately 2,500 additional homes in Bedford County and plans to add over 1,500 more by the end of the year. This $24 million construction project is partly funded by the Commonwealth of Virginia's nationally recognized Virginia Telecommunication Initiative (VATI) run by the Department of Hous ...

Core Insights - Michael Dion is an expert in FP&A, Corporate Finance, and Small Business with 12 years of experience in Fortune 100 companies and various industries [1] - He founded F9 Finance to assist finance professionals and small business owners in understanding finance and accounting concepts [1] - The investment approach focuses on identifying value opportunities where market reactions to news are disproportionate, emphasizing strong fundamentals and dividends [1] Company and Industry Summary - Michael Dion has finance experience across multiple sectors including Telecom, Media and Entertainment, Hospitality, and Construction [1] - The emphasis on cash flow is critical for both companies and investors, highlighting its importance in investment decisions [1]

Shenandoah Telecommunications (SHEN) Q4 2024 Earnings Conference Call February 20, 2025 10:21 PM ET Company Participants Kirk Andrews - Director of FP&AChristopher French - Chairman, President & CEOJames Volk - Senior VP of Finance & CFOEdward McKay - Executive VP & COOFrank Louthan - Managing Director Conference Call Participants Hamed Khorsand - Analyst Operator Good morning, everyone. Welcome to Shenandoah Telecommunications Fourth Quarter twenty twenty four Earnings Conference Call. Today's conference i ...

February 20, 2024 Q4 2024 Earnings Conference Call Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, regarding our business strategy, our prospects and our financial position. These statements can be identified by the use of forward-looking terminology such as "believes," "estimates," "expects," "intends," "may," "will," "should," "could" or "anticipates" or ...

Shenandoah Telecommunications (SHEN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia would post a loss of $0.07 per share when it actually pr ...

Acquisition and Financial Transactions - Shenandoah Telecommunications Company completed the acquisition of Horizon Acquisition Parent LLC for $347 million in cash and 4,100,375 shares of common stock[22]. - The company sold its tower portfolio to Vertical Bridge Holdco, LLC for $309.9 million, receiving $305.8 million net of transaction costs at the initial closing[24]. - The company anticipates conveying remaining tower sites to Vertical Bridge by the end of March 2025, representing 99.9% of the tower portfolio value[24]. - The company has been awarded grants totaling approximately $149.8 million to expand its broadband network and improve services to about 27,200 unserved homes in Virginia, Maryland, West Virginia, and Ohio[146]. - As of December 31, 2024, the Company had borrowed $418.0 million in term loans under its Credit Agreement, which includes a $150 million revolving credit facility due June 2026[152]. Customer Base and Service Offerings - As of December 31, 2024, the company served approximately 261,000 Revenue Generating Units (RGUs)[27]. - The Glo Fiber FTTH service passes approximately 346,000 homes and businesses, competing against various broadband providers[29]. - Approximately 28% of the company's broadband passings compete with a wireline broadband competitor, including 23% of cable passings[28]. - The company has satisfied its obligations to deploy 25/3 Mbps service to remaining unserved locations by July 15, 2024, after receiving an extension from the FCC[69]. Competition and Market Environment - The company faces increasing competition from various market participants, including FTTH providers and wireless broadband providers[20]. - The company faces intense competition in its commercial fiber business from several local and national providers, which may adversely affect its revenues[109]. - The company anticipates a decline in demand, price, and profitability of its video services due to ongoing "cord cutting" trends[107]. - Approximately 28% of the passings in the incumbent broadband business currently have a FTTH or cable competitor, including 23% of incumbent cable passings and 100% of FTTH passings in the Ohio incumbent telephone market[105]. Regulatory and Compliance Issues - The company is subject to a 5% cap on franchise fees, which includes in-kind contributions[52]. - The company operates under various federal and state privacy laws, including the Virginia consumer privacy law that requires compliance by January 2023[59]. - The company is required to comply with FCC regulations regarding accessibility for individuals with disabilities in video programming services[61]. - The company faces potential regulatory changes that could impact its VoIP services and overall operations[63]. - The company is subject to increased regulatory scrutiny and audits related to the Universal Service Fund (USF) and Lifeline-supported broadband services[72][71]. Operational Challenges and Risks - The company faces significant risks related to business acquisitions, including potential adverse impacts on financial condition and cash flow due to future pandemics[118]. - Supply chain disruptions could adversely impact the company's growth and operations, potentially leading to reduced revenues and loss of customers[124]. - The integration of Horizon's business may require significant managerial resources, potentially diverting attention from ongoing operations[135]. - The company faces challenges in competing with larger providers that have greater resources and brand recognition, potentially impacting its ability to attract and retain customers[114]. - The company faces risks related to its level of indebtedness, which could adversely affect its financial health and ability to compete[153]. Employee and Workplace Culture - As of December 31, 2024, the company employed 1,089 people, with approximately 28% being female and 24% of management positions held by females[79]. - The company has achieved a competitive advantage in attracting talent through a market-driven compensation and benefits package[84]. - The company’s Chief Human Resources Officer is responsible for developing and executing the human capital management strategy[80]. - The company has implemented a Positive People Philosophy to foster a collaborative and ethical workplace culture[82]. - The company conducted an annual employee satisfaction survey in 2024 to measure engagement and satisfaction levels[89]. Financial Performance and Projections - The company expects capital expenditures to exceed cash flow from continuing operations through 2026 as part of its expansion strategy[110]. - The company's sales, general and administrative (SG&A) costs are higher as a percentage of revenue compared to larger broadband companies, which may affect earnings and margins[123]. - Adverse economic conditions, such as high inflation or reduced consumer spending, could negatively impact the Company's results of operations[154]. - Changes to the FCC's Universal Service Fund framework could negatively impact the company's broadband revenue and financial performance[139].

EXHIBIT 99.1 Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2024 Results EDINBURG, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) announced fourth quarter and full year 2024 financial and operating results. 2024 Highlights "2024 was a pivotal year as we successfully expanded into Ohio through our acquisition of Horizon, completed the integration in nine months and raised our synergy target by over $4 million from our origin ...

EDINBURG, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2024 financial and operating results. 2024 Highlights Glo Fiber Expansion Markets data customers grew 56% year-over-year to over 65,000.Glo Fiber Expansion Markets passings grew by approximately 112,400, or 48%, to approximately 346,000.Glo Fiber Expansion Markets revenue grew 65% or $22.8 million to $57.9 million.Completed the integration of Horizon Telcom ...