Financial Performance - Revenue increased by 27% and Adjusted EBITDA increased by 43% year-over-year [7] - Adjusted EBITDA for Q1 2025 was $27593 thousand with a margin of 31%, compared to $19251 thousand and 28% in Q1 2024 [35] Broadband Expansion and Performance - Strong growth in Glo Fiber Expansion Markets [4] - Glo Fiber Free Cash Flow in "mature" markets [4] - Improvement in Incumbent Broadband Markets subscriber growth and churn [4] - Glo Fiber Expansion Markets RGUs increased from 44163 in Q1 2024 to 67868 in Q1 2025 [36] - Incumbent Broadband Markets RGUs increased from 109255 in Q1 2024 to 111528 in Q1 2025 [36] Network Construction - Glo Fiber Expansion Markets passings under construction are at 440000 [14] - Incumbent Broadband Markets passings under construction are at 254000 [14] Commercial Fiber - Record quarter for Commercial Fiber sales bookings [4] Liquidity - Liquidity stands at $3565 million [9]
Shentel(SHEN) - 2025 Q1 - Earnings Call Presentation