NASDAQ$SHEN
Shenandoah Telecommunications Company · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Shentel's Q3 2024 results were announced, highlighting record Glo Fiber net additions and revenue, driving top-line revenue growth.
Shentel reported record Glo Fiber net additions and revenue in Q3 2024, leading to top-line revenue growth. The company is making progress with the Horizon acquisition integration, expecting $11 million in annual synergy savings. Glo Fiber and synergies are expected to be key growth catalysts in 2025.
- Glo Fiber achieved record net additions and revenue.
- Top-line revenue growth was driven by Glo Fiber performance.
- Integration of the Horizon acquisition is progressing, with four of six back-office systems converted.
- Annual synergy savings of $11 million are expected from the Horizon acquisition.
Headline financials
Revenue & EPS history
Shentel · Revenue · Quarterly
$87.6M
Forward guidance
Shentel expects Glo Fiber and synergies to be key growth catalysts in 2025 and drivers of margin expansion.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.3%
Avg return
Earnings day
-2.9%
Avg return
5 days after
-0.0%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+11.9%
Q2 2017
Best reaction
-22.2%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.4% | +3.1% | +1.4% | |
| Q4 2025 | +3.2% | +5.6% | +8.4% | |
| Q3 2025 | -1.8% | -3.3% | -1.6% | |
| Q1 2025 | -14.4% | -13.7% | -3.4% | |
| Q4 2024 | -10.2% | -7.4% | +8.1% | |
| Q3 2024 | -16.4% | -17.0% | -12.5% | |
| Q2 2024 | -15.7% | -23.0% | -18.9% | |
| Q1 2024 | +6.9% | +23.5% | +42.0% | |
| Q4 2023 | -2.0% | -3.7% | -11.7% | |
| Q3 2023 | +2.0% | -1.4% | -5.7% | |
| Q2 2023 | +2.3% | +7.8% | +22.4% | |
| Q1 2023 | +5.0% | +3.4% | +0.9% | |
| Q4 2022 | +3.9% | +1.1% | -2.8% | |
| Q3 2022 | -18.4% | -20.4% | -16.7% | |
| Q2 2022 | +0.7% | +5.5% | -2.2% | |
| Q1 2022 | -9.3% | -11.6% | +4.2% | |
| Q4 2021 | -9.8% | -15.6% | +5.1% | |
| Q3 2021 | -1.4% | +0.6% | -7.2% | |
| Q2 2021 | -0.3% | -44.2% | -44.1% | |
| Q1 2021 | -2.3% | -0.8% | +3.1% | |
| Q4 2020 | -2.4% | -2.8% | +6.9% | |
| Q3 2020 | +3.1% | +3.4% | +0.4% | |
| Q2 2020 | +2.1% | +6.2% | +11.9% | |
| Q1 2020 | -22.2% | -22.5% | -10.3% | |
| Q4 2019 | -1.3% | -1.0% | -0.3% | |
| Q3 2019 | -1.4% | +21.2% | +14.7% | |
| Q2 2019 | -6.4% | -6.8% | -11.1% | |
| Q1 2019 | -0.3% | -1.1% | -7.8% | |
| Q4 2018 | +0.6% | -0.3% | -3.6% | |
| Q3 2018 | +8.3% | +16.7% | +24.8% | |
| Q2 2018 | +4.8% | +4.5% | +7.5% | |
| Q1 2018 | -6.8% | -13.1% | -12.6% | |
| Q4 2017 | -1.5% | -2.6% | -4.3% | |
| Q3 2017 | -1.7% | -6.9% | +0.2% | |
| Q2 2017 | +11.9% | +15.7% | +19.6% | |
| Q1 2017 | +1.6% | +2.9% | +1.8% | |
| Q4 2016 | +3.1% | +6.9% | +13.9% | |
| Q3 2016 | -3.4% | +3.6% | +13.8% | |
| Q2 2016 | -20.5% | -26.1% | -34.9% | |
| Q1 2016 | +9.8% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +4.4% | — | — | |
| Q2 2015 | +9.3% | — | — | |
| Q1 2015 | -1.5% | — | — | |
| Q4 2014 | -0.6% | — | — | |
| Q3 2014 | +7.3% | — | — | |
| Q2 2014 | +2.2% | — | — | |
| Q1 2014 | +3.9% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | -10.1% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | +5.6% | — | — | |
| Q4 2012 | -2.7% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2012 | -5.1% | — | — | |
| Q4 2011 | -2.1% | — | — | |
| Q3 2011 | -10.0% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q2 2011 | -2.7% | — | — | |
| Q1 2011 | +7.7% | — | — | |
| Q3 2010 | +4.0% | — | — | |
| Q2 2010 | -4.8% | — | — | |
| Q1 2010 | +3.1% | — | — |
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