NASDAQ$SHEN

Shenandoah Telecommunications Company · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Shentel announced fourth quarter and full year 2024 financial and operating results.

Shentel reported its fourth quarter and full year 2024 results, highlighting the successful expansion into Ohio through the acquisition of Horizon and the integration completion in nine months.

  • Expanded into Ohio through the acquisition of Horizon.
  • Completed the integration in nine months.
  • Raised synergy target by over $4 million from original projection.
  • Added approximately 97,000 new Glo Fiber passings and more than 21,000 net Glo Fiber customers.

Headline financials

Total Revenue

$85.4M

Previous: $72.5M+17.8%
EPS (adj)

-$0.11

Previous: $0.05-320.0%
Adjusted EBITDA Margin

30.0%

No prior period
Total Homes & Businesses Passed

585.3K

No prior period
Glo Fiber Homes Passed

346.3K

No prior period
Incumbent Homes Passed

239.0K

No prior period
Total Fiber Miles

1.9M

No prior period
Fiber Route Miles

16.8K

No prior period
Incumbent Data Penetration

46.6%

No prior period
Glo Fiber Data Penetration

18.8%

No prior period
Capital Expenditures

-$92.6M

Previous: -$66.2M-39.9%
Net Income

-$7.95M

Previous: $2.59M-407.0%
Operating Income

-$4.48M

Previous: $3.04M-247.3%
Gross Profit

$24.5M

Previous: $46.8M-47.7%

Revenue & EPS history

Shentel · Revenue · Quarterly

$85.4M

Q4 2024+17.8%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Shentel expects consolidated revenue and Adjusted EBITDA long-term compound annual growth rates will return to the levels achieved after the launch of our Glo Fiber line of business in 2019.

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 Q4 2024

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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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