Shentel Q1 revenue rises 26.9% to $87.9 million; net loss widens to $9.1 million
Shenandoah Telecommunications (Shentel) reported first quarter 2025 results, with total revenue up 26.9% to $87.9 million, largely from the acquired Horizon markets. The company still posted a net loss from continuing operations of $9.1 million, compared with $4.1 million a year earlier, due mainly to higher depreciation and amortization from Horizon and its Glo Fiber network expansion.
Key points
- Total revenue rose 26.9% to $87.9 million; excluding the former Horizon markets, revenue grew 5% to $72.9 million.
- Net loss from continuing operations was $9.1 million, versus $4.1 million in Q1 2024.
- Adjusted EBITDA grew 43.3% to $27.6 million; the Adjusted EBITDA margin rose from 28% to 31%.
- As of March 31, 2025, total available liquidity was approximately $334.6 million and total indebtedness was $515.8 million.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.