EDINBURG, Va., Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.10 per share. The dividend will be payable December 2, 2024, to shareholders of record as of the close of business on November 5, 2024. This dividend is an increase of $0.01 per share or 11.1% over the December 2023 dividend and will be Shentel’s sixty-fifth consecutive year of annual dividends. “We are pleased to announce an increase in the ...

100% fiber-optic network will bring multi-gigabit speeds to Steubenville, Mingo Junction and Wintersville EDINBURG, Va., Aug. 27, 2024 /PRNewswire/ -- Glo Fiber, operated by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced plans to deploy next-generation, fiber-optic broadband services to approximately 15,000 homes and businesses in Steubenville, Mingo Junction, Wintersville, and surrounding areas in Jefferson County, Ohio. "As a Jefferson County commissioner, I am excited that th ...

Company Performance - Shenandoah Telecommunications reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of $0.02, compared to earnings of $0.04 per share a year ago [1] - The earnings surprise was -500%, with a previous expectation of a loss of $0.02 per share, resulting in a surprise of -300% [2] - The company posted revenues of $85.8 million for the quarter, missing the Zacks Consensus Estimate by 0.37%, and up from $71.34 million year-over-year [3] Stock Performance - Shenandoah Telecom shares have declined approximately 14.5% since the beginning of the year, while the S&P 500 has gained 9.9% [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $87.48 million, and -$0.13 on revenues of $348.67 million for the current fiscal year [8] - The estimate revisions trend for Shenandoah Telecom is mixed, which could change following the recent earnings report [7] Industry Context - The Diversified Communication Services industry, to which Shenandoah Telecom belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges ahead [9]

EDINBURG, Va., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (Nasdaq: SHEN) announced second quarter 2024 financial and operating results. Second Quarter 2024 Highlights On April 1, 2024, Shentel completed its previously announced acquisition of Horizon Acquisition Parent LLC ("Horizon") for approximately $385 million, which consisted of $305 million in cash and 4.1 million shares of Shentel's common stock issued to a selling shareholder of Horizon ("Ho ...

EDINBURG, Va., July 31, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced the appointment of Michael A. Rhymes to its board of directors and to its Audit Committee on July 30, 2024. Mr. Rhymes is the Chief Information Officer at Entergy (NYSE: ETR), which he joined in 2021. He is responsible for all of Entergy's information technology systems, with a focus on delivering high value and innovative IT solutions via reliable, cost-effective and secure IT services. ...

EDINBURG, Va., July 30, 2024 /PRNewswire/ -- Glo Fiber, operated by Shenandoah Telecommunications Company ("Shentel") (NASDAQ: SHEN), announced plans to deploy next-generation, fiber-optic broadband services to approximately 13,800 homes and businesses in Zanesville, Ohio. "The City of Zanesville is excited for the Glo Fiber network expansion into our community. Reliable, highspeed internet is a vital tool in today's world, and this is a great opportunity to provide more fiber options to the residents, stud ...

Listen via Internet: https://investor.shentel.com/ A replay of the call will be available for a limited time on the Investor Relations page of the Company's website. CONTACT: EDINBURG, Va., July 22, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its second quarter 2024 financial results before the market opens on Wednesday, August 7, 2024, and will host a conference call and simultaneous webcast on the same day at 8:30 a.m. Eastern Time to discuss Shentel ...

EDINBURG, Va., July 9, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced plans to deploy next generation, fiber-optic broadband services to approximately 2,500 homes and businesses in Greenfield, Ohio. Glo Fiber provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital phone service powered by Shentel (Nasdaq: SHEN). With services now available to over 275,000 homes and busine ...

Expansion will bring internet speeds up to 5 Gbps to 3,000 homes and businesses in Centre County EDINBURG, Va., May 30, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced they have reached an agreement to deploy next generation fiber-to-the-home (FTTH) broadband services to Spring Township in Centre County, Pennsylvania. Glo Fiber will bring a future-proof, 100% fiber network to approximately 3,000 homes and businesses in the area. Glo Fibe ...

Shenandoah Telecommunications Company (NASDAQ:SHEN) Q1 2024 Results Conference Call May 3, 2024 8:30 AM ET Company Participants Kirk Andrews - Director of FP&A Chris French - Chairman, President & CEO James Volk - Senior VP of Finance & CFO Edward McKay - Executive VP & COO Conference Call Participants Hamed Khorsand - BWS Financial Operator Good morning, everyone, and welcome to Shenandoah Telecommunications First Quarter 2024 Earnings Conference Call. Today's conference is being recorded. At this time, I ...