MARKET COMPOSITE
SHEN - Shenandoah Telecommunications Co.8:00:00 PM 4/24/2024
Price
$14.17
+ 0.13 (0.93%)
Shenandoah Telecommunications Company, together with its subsidiaries, provides wireless and broadband communication products and services in the United States. The company operates in three segments: Wireless, Broadband, and Tower. The Wireless segment provides wireless mobility communications network products. This segment provides its services in central and western Virginia, south-central Pennsylvania, West Virginia, Maryland, Kentucky, and Ohio. As of December 31, 2019, the company provides network service to 844,194 postpaid and 274,012 prepaid subscribers. The Broadband segment offers broadband, video and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, and Kentucky. This segment also leases fiber and provides Ethernet and wavelength fiber optic services; and voice and digital subscriber line telephone services. The Tower segment owns 225 cell towers and leased spaces. The company provides its products and services under the Sprint and Shentel brands. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue72.5MM+1%
Gross Profit46.8MM-
Cost Of Revenue25.7MM-7%
Operating Income3MM-
Operating Expenses43.8MM-
Net Income2.6MM+63%
G&A26.9MM+10%
Amortization100K-50%
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Stock news

    EDINBURG, Va., April 24, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2024 financial results before the market opens on Friday, May 3, 2024, 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: May 3, 2024Time: 8:30 AM ET Listen via Internet: https://investor.shentel.com/ For Analysts, please register to dial-

    Key Insights Shenandoah Telecommunications to hold its Annual General Meeting on 30th of April Total pay for CEO Chris...

    Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (NASDAQ: SHEN), announced plans to deploy next-generation, fiber-optic broadband services to over 40,000 additional homes and businesses in Ohio. Engineering work is already underway to connect the communities of Zanesville, Hillsboro, Jackson, Johnstown, and Greenfield. Glo Fiber currently provides service in Chillicothe, Circleville, Lancaster, and Washington Courthouse, Ohio in addition to markets in Virginia, Pennsylvani

    Shenandoah Telecommunications Company ("Shentel" or the "Company") (Nasdaq: SHEN) announced the rebranding of Horizon Telcom ("Horizon") to Glo Fiber. Horizon was acquired by Shentel in April 2024 and provides fiber optic broadband services to commercial customers in Ohio and adjacent sates and residential customers in the markets of Chillicothe, Circleville, Lancaster, and Washington Courthouse, Ohio.

    With its stock down 25% over the past three months, it is easy to disregard Shenandoah Telecommunications...

    EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”). Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers. Horizon’s unique fiber network is the largest and most dense net

    EDINBURG, Va., March 29, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has completed the initial closing of the previously disclosed sale of its tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge Holdco, LLC (“Vertical Bridge”) for $309.9 million in cash. “The proceeds from the sale of our Tower Portfolio will be used to fund the previously announced acquisition of Horizon Telcom and provide growth

    Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is now available to initial neighborhoods in Salisbury, Maryland. Construction began in late 2023 and is expected to take 18-24 months to complete, providing over 14,000 homes and businesses with a reliable option for high-speed internet service. As construction continues, residents will receive advance notice via mail, and they can check availab

    EDINBURG, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, will participate in a panel discussion at the New Street Research and BCG Fiber to the Future 2024 Conference on March 22, 2024 at 12:50 p.m. ET. Investors may access a live webcast of the panel discussion on Shentel’s website at www.investor.shentel.com. The webcast will be available for replay for a limited time on Shentel’s website f

    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 Frederick County, Maryland. Engineering work is currently underway with construction slated to begin in the summer of 2024. Throughout the 18 to 24-month construction process, Glo Fiber will bring a future-proof, 100% fiber network to more than 40,000 homes and businesses in the county.