Oct 28, 7:00 AM ET
Shentel reported third quarter 2026 revenue of $93.9 million, up 4.6% year over year, and a net loss of $9.2 million, narrower than the $9.4 million loss a year earlier. Adjusted EBITDA rose 11.8% to $33.2 million, and the company kept its 2026 revenue and Adjusted EBITDA guidance unchanged, though it raised its 2026 capital expenditure guidance to $255 million to $275 million.
- Glo Fiber Expansion Markets revenue rose 32.2% to $28.2 million, and the company added a record 8,600 Glo Fiber net additions in the quarter.
- Incumbent Broadband Markets revenue fell 6.8% to $39.1 million, driven by lower video and data revenue.
- 2026 guidance: total revenue $370 million to $377 million and Adjusted EBITDA $131 million to $136 million, both unchanged.
- 2026 capital expenditure guidance raised to $255 million to $275 million from $220 million to $250 million, citing more homes passed and subsidy reimbursement timing shifting into 2027.
Read the filing on SEC.gov ↗
Oct 22, 4:15 PM ET
Shenandoah Telecommunications' Board approved moving Executive Chairman Christopher E. French to a non-executive Chairman role effective January 1, 2027, after which he will no longer be an executive officer. He will receive an annual retainer of $85,000 for his service as Chairman, paid under the standard non-employee director compensation policy. The change shifts French from an executive role to a board-level role, which shareholders may watch for effects on company management.
- Board approved on October 20, 2026 the transition of Christopher E. French from Executive Chairman to non-executive Chairman
- Transition effective January 1, 2027; French ceases to be an executive officer
- Annual retainer of $85,000 for his service as Chairman of the Board
Read the filing on SEC.gov ↗
Jul 29, 7:00 AM ET
Shentel reported second quarter 2026 results on July 29, 2026, with total revenue up 5.5% year over year to $93.5 million and net loss narrowing to $7.7 million from $9.0 million. Adjusted EBITDA rose 12.9% to $32.0 million, and the company reiterated its full-year 2026 guidance for revenue of $370 million to $377 million and Adjusted EBITDA of $131 million to $136 million.
- Glo Fiber Expansion Markets revenue grew 32.8% to $26.3 million, while Incumbent Broadband Markets revenue fell 6.0% to $40.3 million.
- Net loss attributable to common shareholders was $9.3 million, or $0.17 per share, compared with $10.5 million, or $0.19 per share, a year earlier.
- Full-year 2026 guidance was reiterated: total revenue of $370 million to $377 million and capital expenditures of $220 million to $250 million, net of government grant reimbursements.
- Liquidity was $158.9 million as of June 30, 2026, and the company's workforce reduction of about 10% is expected to save $12.3 million annually beginning in 2027.
Read the filing on SEC.gov ↗
Jul 22, 4:05 PM ET
Shenandoah Telecommunications said Vice President and Chief Accounting Officer Tracy Willis notified the company on July 20, 2026 that she will resign effective August 6, 2026. CFO James Volk will take on the role of principal accounting officer while continuing as principal financial officer, and the filing states her departure was not due to any disagreement with the company.
- Tracy Willis, Vice President and Chief Accounting Officer, notified the company of her resignation on July 20, 2026
- Resignation is effective August 6, 2026
- James Volk, Senior Vice President and CFO, will become principal accounting officer upon her departure and keep the principal financial officer role
- The filing states the departure was not the result of any disagreement with the company
Read the filing on SEC.gov ↗
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