Core Viewpoint - Glo Fiber, a subsidiary of Shenandoah Telecommunications Company, is expanding its fiber optic broadband service in Lancaster, Ohio, aiming to provide high-speed internet to an additional 10,000 homes and businesses by the second half of 2025 [1][4]. Company Overview - Glo Fiber offers multi-gigabit broadband internet access with symmetrical upload and download speeds of up to 5 Gbps, utilizing fiber-to-the-home technology and a 16,000-mile regional fiber network [3][5]. - The company currently serves approximately 320,000 homes and businesses across several states, including Ohio, Pennsylvania, Virginia, West Virginia, Maryland, and Delaware [5][6]. Service Expansion - Construction for the new service in Lancaster began in the summer of 2024, with over 4,000 homes and businesses already connected [1][4]. - Residents will receive notifications about service availability and can sign up online [1]. Customer Service and Technology - Glo Fiber is recognized for its superior local customer service and offers additional services such as phone, video, and Whole Home Wi-Fi [3][7]. - The company emphasizes easy pricing structures with no long-term contracts, enhancing customer satisfaction [7].

Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Entertainment, Hospitality, and Construction. He founded F9 Finance, a website that helps Finance professionals accelerate their careers; and simplifies Fina ...

Shenandoah Telecommunications (SHEN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -85.71%. A quarter ago, it was expected that this telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia would post earnings of $0.02 per share when it actually ...

EDINBURG, Va., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced third quarter 2024 financial and operating results. Third Quarter 2024 Highlights Glo Fiber Expansion Markets1 experienced growth in a number of key metrics: Added approximately 6,000 subscribers in the third quarter of 2024, ending the quarter with over 59,000 subscribers.Passings grew approximately 22,000 to a total of approximately 320,000.Revenue grew $5.8 million ...

EDINBURG, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024, and will host a conference call and simultaneous webcast on the same day at 8:00 a.m. Eastern Time to discuss Shentel’s financial results and business highlights. Date: November 7, 2024  Time: 8:00 AM ET Listen via Internet: https://investor.shentel.com/ For Analysts, please register to dial ...

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. ...