Shentel Q2 revenue rises 5.5% to $93.5 million; net loss narrows to $7.7 million
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.
Key points
- 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.
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 July 29, 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.