Shenandoah Telecommunications' Q1 revenue rises on Glo Fiber strength

Shenandoah Telecommunications Co

01/05/2026 12:11

Overview

US broadband provider's Q1 revenue rose 4.8% yr/yr, driven by Glo Fiber expansion

Adjusted EBITDA grew 15% yr/yr, reflecting strong fiber segment momentum

Net loss widened due to higher operating and restructuring costs from prior workforce reduction

Outlook

Company reiterates 2026 revenue guidance of $370 mln to $377 mln

Shentel expects 2026 adjusted EBITDA between $131 mln and $136 mln

Result Drivers

GLO FIBER EXPANSION - Revenue in Glo Fiber Expansion Markets rose 34.6% yr/yr, driven by a 33.7% increase in data subscribers

COMMERCIAL FIBER GROWTH - Commercial fiber revenue increased 4.7% yr/yr, supported by additional circuit services sold to existing customers

Company press release: ID:nGNX1fHM2k

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$92.20 mln
$91.34 mln (2 Analysts)
Q1 EPS
Miss
-$0.31
-$0.25 (2 Analysts)
Q1 Net Income
-$15.75 mln
Q1 Operating Expenses
$102.62 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the integrated telecommunications services peer group is "buy"

Wall Street's median 12-month price target for Shenandoah Telecommunications Co is $29.00, about 84.4% above its April 30 closing price of $15.73

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)