Shentel Q1 revenue rises 4.8% to $92.2 million, but net loss widens to $15.8 million
Shenandoah Telecommunications (Shentel) reported first quarter 2026 total revenue of $92.2 million, up 4.8% from a year earlier, and Adjusted EBITDA of $31.7 million, up 15.0%. Net loss widened to $15.8 million from $9.1 million, and the company reiterated its 2026 revenue guidance of $370 million to $377 million and Adjusted EBITDA guidance of $131 million to $136 million.
Key points
- Glo Fiber Expansion Markets revenue rose 34.6% to $24.8 million, while Incumbent Broadband Markets revenue fell 5.1% to $41.1 million.
- Net loss per share was $0.31 versus $0.19 a year earlier; interest expense rose to $9.4 million from $4.9 million.
- Total available liquidity was $194.5 million as of March 31, 2026, including $43.8 million of unrestricted cash.
- The company reiterated 2026 guidance and said a reduction in force of about 10% of employees is expected to save $12.3 million annually beginning in 2027.
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 May 01, 2026.
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.