SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN) Form 8-K — Oct 28, 2026
Shenandoah Telecommunications (SHEN) reported Q3 2026 total revenue of $93.9 million, up 4.6% year over year, with Adjusted EBITDA up 11.8% to $33.2 million. Glo Fiber Expansion Markets revenue jumped 32.2% to $28.2 million on a record 8,600 net additions, and the company surpassed 500,000 Glo Fiber passings. The company still posted a net loss of $9.2 million, similar to $9.4 million a year ago, and interest expense rose to $10.5 million from $6.8 million as long-term debt grew to $747 million. Incumbent Broadband revenue declined 6.8% on video cord-cutting and lower data ARPU.
Key figures
- Revenue
- 93900000
- Guidance
- 2026 revenue $370-$377M, Adjusted EBITDA $131-$136M unchanged; capex net of grants raised to $255-$275M from $220-$250M
- Total Debt
- 747000000
- Revenue Yoy
- 4.6%
- Total Assets
- 2009000000
- Cash Position
- 18600000
- Capex nine months
- $215.0 million vs $251.5 million prior year
- Adjusted ebitda q3
- $33.2 million, +11.8% YoY
- Glo fiber passings
- 500584
- Total available liquidity
- $138.6 million
- Glo fiber net additions q3
- 8600
- Restructuring annual savings
- $12.3 million beginning 2027 from ~10% workforce reduction
- Glo fiber expansion revenue q3
- $28.2 million, +32.2% YoY
AI analysis
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